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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

Pickering A Outage May Last Longer Than Expected

LCG, Oct. 28, 2001--Repairs to a nuclear plant in Ontario, Ontario Power Generation's (OPG) Pickering A, may require more time than expected, "as a result of construction challenges encountered in the refurbishment of certain systems," according to the utility.

Four Pickering A units have been scheduled to be returned to service one at a time, and will provide 2,060 megawatts to the grid once repairs are completed. OPG, which is owned by the provincial government, stated in a release that it expected to return its first unit to operation by the end of the first quarter of 2003.

The costs to bring the first unit back online will determine the likely costs to be incurred on the remaining units. The increase in the cost on the first unit have been C$230 million ($148 million US). Some observers believe that the process of alleviating safety and reliability concerns will last through 2006.
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