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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

Missouri Regulators Okay Laclede Holding Company

LCG, Aug. 17, 2001--Laclede Gas Co. said yesterday that Missouri regulators have approved the company's plan to form a holding company, and Douglas H. Yaeger, the firm's chairman, president and chief executive said the umbrella organization should be up and running by October 1.

"Our goal is to better serve the needs of our customers and our shareholders," Yaeger said, splitting his infinitive. "We plan to do this by continuing to improve the reliable natural gas service provided by our regulated core utility business while further developing our presence in unregulated arenas with which we are familiar and have some expertise."

Laclede shareholders approved the holding company, to be called The Laclede Group Inc., at the company's annual meeting last January. With approval by the Missouri Public Service Commission, the St. Louis-based natural gas distributor is free to move forward with its plans.

Laclede Gas, which serves 633,000 customers in and around St. Louis, will become a subsidiary of the new holding company and will remain a regulated utility. Its present subsidiaries -- Laclede Energy Resources Inc., Laclede Venture Corp., Laclede Development Co., Laclede Investment Corp., Laclede Gas Family Services Inc., and Laclede Pipeline Co. -- will be folded into the holding company as unregulated businesses.

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