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LCG Publishes 2025 Annual Outlook for Texas Electricity Market (ERCOT)

LCG, August 14, 2024 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2025, highlighting the region's rapid transition toward increased reliance on renewable energy resources and battery storage.

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LCG Publishes 2025 Annual Outlook for Texas Electricity Market (ERCOT)

LCG, August 14, 2024 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2025, highlighting the region's rapid transition toward increased reliance on renewable energy resources and battery storage.

Read more

Industry News

Senators Seek Waste Disposal Budget Cuts

LCG, March 20, 2002-Senator Harry Reid said he may limit the nuclear waste disposal budget, which includes the Yucca Mountain project.

In a hearing on Friday Senator Reid and Senator Pete Domenici said to expect Congress to cut the nuclear waste disposal budget.

Attempts to slow the budget may prevent the government from moving on the Yucca Mountain project, which was already approved by President Bush. According to the Las Vegas Review, those involved with the project say they have had to delay applying for a license with the Nuclear Regulatory Commission until 2004.

In 2001 Senator Reid created an energy bill decreasing the nuclear waste disposal budget by 38 percent or about $170 million. His proposed decrease in spending was not passed and $375 million was allotted, still less than the $445 million requested and the eighth consecutive annual decrease in the nuclear disposal budget.

The Yucca Mountain repository is slated to open in 2010.

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