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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

Panda, Alliant in 1,100 Megawatt Michigan Project

LCG, Oct. 17, 2001--Panda Energy International Inc. and Alliant Energy Corp. said yesterday they have formed a joint venture to build and operate a 1,100 megawatt natural gas, combined-cycle power plant in western Michigan's Tallmadge Township.

Panda said construction will begin next spring and the plant is scheduled for full commercial operation in early 2004.

Under the joint venture, Panda will lead development while Alliant will provide four natural gas turbines, as well as additional long-lead equipment used to interconnect the facility to the region's power grid. Alliant Energy also brings extensive facility operations experience to the joint venture.

"We have said from the beginning of the Tallmadge project that when it came time to select a joint venture company, we would look for an organization capable of contributing resources and operational experience," said Garry Hubbard, a Panda senior vice president.

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