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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

California Energy Commission Acts on Two Plant Proposals

LCG, Jan. 11, 2001The California Energy Commission said yesterday it had taken action on two proposals that would expand production of existing power plants by 620 megawatts.

By a unanimous vote at yesterday's business meeting, the commission began a formal review process for a plan by Duke Energy Corp. to replace the 50-year-old equipment at its 1,030 megawatt Morro Bay plant with modern generating equipment capable of producing 1,200 megawatts of power.

Duke first indicated its desire to upgrade Morro Bay, which it purchased from Pacific Gas & Electric Co., in the summer of 1999.

Also unanimously, the commission voted to ask AES Corp. for more information about its plans to add 450 megawatts of capacity to the Huntington Beach Generating Station it purchased from Southern California Edison Co.

AES first broached the idea of the upgrade last month.

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