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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

AES Boosts Ownership in Argentine Hydroelectric Plant

LCG, Jan. 4, 2001AES Corp. said yesterday that it had acquired an additional 39 percent ownership interest in a 1,000 megawatt hydroelectric facility in the Argentine province of Neuquen, bringing its total interest to 98 percent.

Last August, the U.S. firm bought a 59 percent interest in Hydroelectrica Alicura from Southern Energy Inc., also of the U.S. Yesterday, AES said it had last week purchased additional interests of 19.5 percent each from the Argentine federal government and from the provincial government of Neuquen.

AES said it paid a total of $9 million in the two transactions.

Hydroelectrica Alicura consists of four 250 megawatt turbines. It is located in Argentina's Andes on the Limay River near Bariloche, on the border of Rio Negro province.

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