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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

Southern Energy, Cleco to Build Louisiana Plant

LCG, Aug. 1, 2000--Southern Energy Inc., a unit of The Southern Co., said yesterday it and Louisiana's Cleco Corp. have agreed to jointly develop a 700 megawatt natural gas-fired power plant near Monroe, La. The project would be developed and owned on a 50-50 basis by a joint venture of subsidiaries of the two companies.

In the first phase of the project, the companies would install a single 150 megawatt natural gas-fueled turbine at a site about 12 miles north of Monroe. The turbine, to be used as a peaking unit, is expected to be available for operation by summer 2001.

The peaker would be followed by a 550 megawatt combined-cycle unit that would enter commercial operation as a baseload plant in the summer of 2002. This unit would consist of two natural gas-fueled turbines generating electricity and feeding waste heat to a steam turbine that also would generate electricity.

The companies said plans include the possibility of expanding the plant by converting the original peaking unit to a combined-cycle unit as early as 2004.

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