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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

Cable from New Jersey to Manhattan Approved

LCG, Apr. 16, 2003--A plan for an underwater cable of about eight miles in length proposed by a unit of Public Service Enterprise Group Inc. as a way to bring power into New York City was approved by the New York State Public Service Commission yesterday.

The proposal was made by PSEG Power Cross Hudson Corp., and if built would "bring power from an efficient, gas-fired combined cycle facility into New York City and will help displace the use of older, less efficient generation sources," the chairman of the Public Service Commission, William M. Flynn, said in a statement. The cable would run from Ridgefield, New Jersey to Manhattan's west side, and be buried in the Hudson River for part of its length. The capacity of the line would be 345 kilovolts alternating current.

New York City's demand for power has been increasing at such a rate that there is concern about sufficient generation to maintain supplies and reliability.
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