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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

China Promises to Increase Nuclear Power Capacity

LCG, October 24, 2002-As part of an effort to move away from its dependence on coal, China is increasing its nuclear power plant capacity.

China's long-term plans include developing as much as 20,000 megawatts in nuclear power capacity by 2010, but in the near future, the country intends to complete and begin operating five new nuclear plants within the next three years. Today China's nuclear power is a mere one percent of the total, as compared with 21.9 percent in the United States.

China's yearly growth averages seven percent, and the country is concerned with providing sufficient electric capacity to match that growth.

The 13th Pacific Basin Nuclear Conference began yesterday; Chinese officials emphasized their interest in working with other countries in the region to apply nuclear power technologies.

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