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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

PJM to Become RTO

LCG, December 18, 2002-Electricity grid operator PJM Interconnection LLC received approval from the Federal Energy Regulatory Commission to become a regional transmission organization (RTO).

FERC's approval is part of the commission's larger plan to create a national grid connecting the electricity markets across the country. FERC noted, however, that PJM should improve its connections with the neighboring Midwest Independent System Operator.

FERC will conduct a meeting in October of next year to address transmission and trade between these two neighboring regions.
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