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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

Italy’s Enel to Build 920 Megawatt Plant for Dubai

LCG, July 20, 2000--Italys largest power company, looking abroad following liberalization of the Italian electricity market ended its monopoly at home, has won a contract worth about 1.2 trillion lire ($574,200,000 U.S.) to build a combination combined cycle power plant and desalination plant in Dubai.

The Enelpower subsidiary of Enel SpA will build a 920 megawatt power plant in Jebel Ali at a cost of 800 billion lire ($382,000) and Fisia Italimpianti, a unit of Italys Impreglio SpA, will build at the same location a desalination facility for around 400 billion lire ($191.000).

Enel said the combination power and desalination plant was the largest ever in the United Arab Emirates. The contracts were awarded by the Dubai Electricity and Water Authority.

Luigi Giuffrida, Enelpowers managing director, said "The contract marks a further success for the company's overseas expansion strategy, and confirms Enelpower's competitiveness, even in countries, like Dubai, that require the use of advanced technology."

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