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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

Washington Says No Rate Hike for Puget Energy

LCG, Oct. 5, 2001--The Washington Utilities and Transportation Commission said yesterday it has rejected a request by Puget Sound Energy Co. for an emergency $84 million rate increase.

"Here, there is no demonstration that the failure to grant the requested relief would cause clear jeopardy to the utility or detriment to the ratepayers," the three-member commission wrote in its decision.

The company, a subsidiary of utility holding company Puget Energy Inc., had asked for the rate increase on August 21, saying it was needed because of volatile wholesale power prices and a long drought which had reduced the availability of hydroelectric power by about half.

The commission said Puget Sound Energy would file a general rate case next month, which will allow the regulators "to review more thoroughly the company's financial records, power costs and other business expenses. Today's ruling by the commission has no bearing on future rate-case decisions."

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