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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

Wisconsin Public Service Drops Customer Choice

LCG, Feb. 22, 2001WPS Resources Corp. said yesterday its regulated utility subsidiary Wisconsin Public Service Co. has withdrawn its electric customer choice program because events in California have clouded electric industry deregulation.

The company said it asked the Wisconsin Public Service Commission to withdraw the program from consideration. It had been intended to introduce a competitive electric generation marketplace for consumers in a deregulated environment.

WPS chief executive Larry Weyers said "Unfortunately, with California's experiences with electric shortages and high prices, most customers today seem to accept the current system of utilities building and owning electric plant."

WPS said it was still in favor of a competitive marketplace and would make a few changes in the proposal in order to ease shareholder and customer concerns before resubmitting it to the PSC.
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