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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

Nuclear Regulator Apologizes for Tokaimura Accident

LCG, July 10, 2000--Japans Nuclear Safety Commission apologized in a report submitted to the cabinet Friday for the accident last September that took two lives at the Tokaimura nuclear fuel processing plant 75 miles northeast of Tokyo.Two workers died and a third was badly injured as a result of radiation exposure that occurred when they inadvertently started a nuclear chain reaction. The three had been using ordinary buckets to mix uranium and nitric acid in an unprotected tank. One of them said they were using the shortcut to save time.The commissions report blamed a lack of safety culture for the accident, and took responsibility for not establishing such a culture.We deeply regret that the commission could not fulfill its duties, and we feel tremendous responsibility over being unable to respond to the publics trust, the report said.The commission was more than willing to share the blame with the plants operator, Japan Nuclear Cycle Development Institute. JCN, it pointed out, had instituted procedures not authorized for nuclear installations and then had not even followed its own procedures.
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