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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

GE to Service Southern Co. Plants in $575 Million Deal

LCG, Sept. 29, 2000The GE Power Systems unit of General Electric Co. said yesterday it has received multi-year contracts from The Southern Co. covering service of combined-cycle power plants being built by the Atlanta-based utility in the southeastern United States. GE said the total value of the contracts was $575 million.

The long-term service agreements support turbine generators, steam turbines, control systems and auxiliary equipment, GE said.

GE said the combined-cycle systems will be located at the Wansley Power Station in Roopville, Ga., the Goat Rock Power Station in Smith, Ala., and at several other sites yet to be announced. The plants are scheduled for commercial operation over the years 2001 to 2004.

The contracts are in addition to $450 million worth of service agreements covering other Southern Co. plants. Those contracts, signed in 1998 and 1999, provide support to five power plants.

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