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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

New York State Okays 800 Megawatt Sithe Plant

LCG, Jan. 24, 2001Sithe Energies Inc. said this morning that the New York State Board on Electric Generation Siting and the Environment had granted in a certificate of environmental compatibility and public need for an 800 megawatt power plant proposed for the Town of Scriba near Oswego, N.Y.

The new facility, called Heritage Station, is a joint venture between Sithe and General Electric Co. and will use GE's latest gas turbine equipment. Construction is expected to begin this spring with commercial operation penciled in for 2004.

"This approval demonstrates that a collective effort among the electric generation industry, localresidents and public officials can contribute real solutions to New York's present and future electricityneeds," said Barry Sullivan, Sithe's vice chairman.

The new power plant will be built adjacent to Sithe's existing Independence Station in Scriba.

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