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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

Transformer Fire at Manhattan Plant Causes Outage

LCG, July 22, 2002-On Saturday a transformer at a Manhattan power plant caught fire and created power outages for several hours.

Firefighters and police announced a "Level 3" alert in response to the incident, but plant officials determined that the fire was not caused by an explosion and that there was no sign of possible terrorist activity.

Power was restored to the 63,500 affected customers by 8:15 pm, less than 8 hours after the fire was first detected.

Some subway services and businesses were shut down in Greenwich Village and Lower Manhattan, and some 500 firefighters and hundreds of police showed up at the plant fire.

The plant, owned by Consolidated Edison, sustained no serious damage in the fire.

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