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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

Power Outages Follow Ice STorm

LCG, Apr. 7, 2003--Power service to over 200,000 electric power customers was cut off after a weekend storm left snow and ice in the upper Midwest, upstate New YOrk, and northern New England.

Michigan had 170,000 customers who experienced outages, while 100,00 were without power in New York state. Most of the outages were due to a coating of ice that weighed down and felled trees or branches, bringing down lines.

Utility crews have restored some of the outages, although on Monday morning, 11,000 out of 80,000 customers of Rochester Gas & Electric (a New York utility) who had lost power had had it restored. A second storm was forecast for the Northest and mid-Atlantic states today, and could result in 6 to 10 inches of snow.
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