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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

Enron Creditors to Receive 16.6 Percent

LCG, September 18, 2003Enron Corporation has noted that its creditors can expect to get more of what they are owed.

Enron, currently splitting up its assets in bankruptcy court, has pointed out that the value of its assets has improved. Therefore, creditors can expect to recover closer to 16.6 to 19.5 percent recovery, wheras previous estimates were for 14.4 to 18.3 percent.

Creditors to the Enron parent company can expect 16.6 percent recovery, while creditors to Enron North America Corp. will probably get 19.5 percent.

Enron filed for bankruptcy protection in December 2001. The corporation will likely separate Cross-Country Energy, Prisma Energy International and Portland General Electric (PGE) from its bankruptcy proceedings and is hoping to keep PGE in one piece.

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