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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

U.S. Senate to Probe California Power Problems

LCG, Jan. 24, 2001The U.S. Senate Committee on Energy and Natural Resources will hold at least one hearing next week on the electric power problems besetting California, its chairman, Sen. Frank Murkowski, said yesterday.

The Alaska Republican said the hearings would try to identify the causes of the problems and to assess the danger of their spreading to other states. The committee will deliberate over whether federal legislation can prevent recurrences or prevent the problem from spreading.

Idaho Sen. Larry Craig, also a member of the Energy Committee, said "We have got to get this thing under control."

The two senators spoke during a committee meeting to vote on the nomination of Gale Norton to be Secretary of the Interior in the Bush administration.

Yesterday, the Bush administration agreed to continue for two week emergency orders of the previous administration requiring suppliers to continue to sell electricity and natural gas to California utilities. It was made plain that there would be no further extensions.

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