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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

Mirant Plans 1,200 Megawatts for North Carolina

LCG, Aug. 28, 2001--Mirant Corp. said yesterday it plans to develop a 1,200 megawattnatural gas-fired power plant in Gastonia, N.C., the first in the state for the Atlanta-based company.

Gastonia Mayor Jennie Stultz, said she learned about Mirant's plans Friday but was sworn to secrecy. "I was so happy that I had to leave town so I couldn't tell anybody," she said yesterday at a Mirant news conference announcing the plant. "We welcome you."

The project will be the largest merchant plant in North Carolina, which this year dropped a requirement that merchant plants need a contract to sell power to utilities before getting regulatory approval.

Mirant said construction of the facility is scheduled to begin early in 2002 with commercial operation scheduled for summer 2004.

"North Carolina's energy needs continue to grow, and this site was specifically chosen because of its location in the rapidly developing Gastonia-Charlotte region and the I-85 corridor," said David Rozier, chief executive of Mirant's southern U.S. operations.

"Mirant will use its marketing and risk management capabilities to manage the fuel going into the plant and the electricity coming out of it," he added.

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