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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

Constellation Announces 650 Megawatts for Illinois

LCG, Aug. 18, 2000--Constellation Power Source, an affiliate of Baltimore Gas & Electric Co., said on Thursday that an ad hoc subsidiary, Holland Energy LLC, will build a 650 megawatt merchant power plant costing $250 million in Holland Township, Ill.

Construction of the new plant is scheduled to begin next week with commercial operation expected in June 2002. Power from the facility, a combined-cycle plant with two gas turbines and one steam turbine, will be sold into the regional wholesale electricity market.

"Deregulation of electric markets across the country is creating opportunities to meet wholesaleenergy demands in growing regions like the Midwest," Charles W. Shivery, the companys president said, adding "Constellation Power Source is looking for the best fit, where the availability of additional energy will meet the needs of the community, the market, and our company."

The company also recently announced plans to construct a 250 megawatt peaking plant near Bristol, Va., and a 300 megawatt natural gas-fired power plant in the University Park suburb of Chicago.

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