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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

New Hampshire Regulators to Auction Seabrook Nuke

LCG, Dec. 3, 2001--The New Hampshire Public Utilities Commission said this morning it has retained the investment banking firm of JPMorgan as exclusive financial advisor to conduct an auction sale of 88.2 percent of the Seabrook nuclear power plant, which is expected to be completed by the end of 2002.

Seabrook is a 1,160 megawatt pressurized water facility located 13 miles south of Portsmouth, N.H., and one of the largest power plants in New England. The commission said the sale would include buildings and components of a second Seabrook unit which was never completed.

The selling owners of Seabrook, owning 88.2 percent of the plant among them, include North Atlantic Energy Corp. with 35.98 percent ownership, The United Illuminating Co.(17.50 percent), Great Bay Power Corp. (12.13 percent), New England Power Co. (9.96 percent), The Connecticut Light & Power Co. (4.06 percent), Canal Electric Co. (3.52 percent), Little Bay Power Corp. (2.90 percent) and New Hampshire Electric Cooperative Inc. (2.17 percent).

The commission said the auction is being conducted in accordance with New Hampshire and Connecticut restructuring laws. General Counsel Gary Epler said "We are pleased to begin the auction process and look forward to executing a timely process which will maximize the value of Seabrook and reduce stranded costs for customers."

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