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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

PSEG Proposes 1,100 Megawatt Plant for Ohio

LCG, Jan. 5, 2001--PSEG Power LLC yesterday proposed building a 1,100 megawatt natural gas-fueled, combined-cycle power plant to be located in Arcadia, Ohio.

The Arcadia location is only one of several sites in the Midwest being considered for construction ofmerchant power plants by PSEG Power, the company said. Which sites will be developed depends upon a number of factors, including potential receipt of tax abatements and the obtaining of local and state approvals.

"PSEG Power is looking at a number sites in the Midwest for additional plant construction," saidTim Young, the company's regional director for business development. "A plant of this size bringssignificant economic and tax benefits to the local community. We plan to work with local officials tomaximize these benefits."

At its peak, construction of the plant would employ more than 600 people. it would have about 25 to35 full-time employees once the plant begins commercial operations in 2004.

PSEG Power is a sister company to Newark, N.J.-based Public Service Electric & Gas Co.

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