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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.

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

TransCanada Buys 560 Megawatts in Alberta Auction

LCG, Aug. 25, 2000--TransCanada Pipelines Ltd. said yesterday it had acquired the rights to the output of the 560 megawatt Sundance A power plant in the province of Alberta. TransCanadas bid of about $212 million Canadian ($143 million U.S.) won the capacity in an auction conducted by the provincial government.

"Power is one of TransCanada's core businesses and Alberta is one of our core markets," saidDoug Baldwin, TransCanada's president and chief executive. "The auction provided an opportunity to purchase competitively priced power to help build our power business in the province." TransCanada said it already has agreements to re-sell approximately 400 megawatts to industrial customers underlong-term contracts.

The Sundance plant is a little less than 40 miles from Edmonton and is the largest coal-fired power plant in western Canada.

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

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

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TransCanada Buys 560 Megawatts in Alberta Auction