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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

California Water Prospects Not Too Dismal

LCG, October 1, 2002-The California Department of Water Resources is projecting that water supplies are adequate and that there is a possibility of above-average precipitation this winter.

Adequate water supplies are good news for Californians, especially the drought-ridden residents of Southern California, but increased rainfall this next rain year would ensure that the state's hydroelectric plants will be able to continue to supply significant electricity capacity.

Limited precipitation in recent years may have contributed to the energy crisis of 2000/2001 in that hydroelectric dams could not supply as much capacity to the state.

DWR officials are unable to say for certain whether or not this new rain year, which begins October 1, will bring more rain than the last two dry years did. However, experts do say that there is a significant chance of above-average rainfall. The possibility of an El Nino event is limited but not at all out of the question.

Precipitation in 2001 and 2002 was less than normal, and in Southern California, some areas have just experienced their driest year on record.

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