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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

Consumer Groups Question Natural Gas Negotiated Rates

LCG, October 1, 2002-Three organizations, as well as industry members, are asking for the repeal of FERC's "negotiated rate policy," asserting that the rule is unnecessary and unfairly beneficial to pipeline operators.

U.S. pipeline companies have been allowed to charge rates higher than that allowed by tariff according to the Federal Energy Regulatory Commission's "negotiated rate policy," which permits gas pipelines to sell turned-back capacity to other shippers at higher rates.

Consumer advocate groups from Maryland, West Virginia, and Pennsylvania came together to jointly request that FERC end the policy. The American Public Gas Association, as well as many of those who purchase gas, have also expressed opposition to the continuation of negotiated rates.

Many in industry believe that the policy allows pipeline companies to wield too much control over the gas market and that the pipeline business does not have sufficient transparency.

The issue awaits FERC's attention under docket PL02-6.

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