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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

Illinois Town's 29-MW Power Plant Under Construction

LCG, Aug. 6, 2003--Geneva, Illinois has received five reciprocating engines from Caterpillar Inc., and is beginning construction of a power plant expected to be operational by January 2004.

The completed plant will be owned and operated by the city, which will use power from the plant during times when demand is high. Mayor Kevin Burns said, "This new power plant will offer residents and businesses of our city a higher quality of life by providing reliable and more affordable power during extreme weather conditions." Geneva is 40 miles west of Chicago.

According to Glen Barton, the chairman and CEO of Caterpillar, the sale of the G16CM34 gas-fired reciprocating engines marks the first such deal for the company. Patten Power Systems, the local dealer for Caterpillar, will provide support during the plant's operation.
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