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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

Rehearing by FERC Sought Over Transmission Fees

LCG, Aug. 27, 2003--A group of utilities that are members of the Midwest Independent Transmission System Operator Inc. have notified the Federal Energy Regulatory Commission that they woud like the agency to reconsider its planned cancellation of some transmission fees.

The fees, called "through and out" charges, had been seen as discouraging competition, and are currently set to end in November. In addition to separate communications sent by a dozen utilities that own transmission, the Pennsylvannia Public Utility Commission stated that FERC's imposition of a seams elimination cost adjustment, itself an artificial rate mechanism, was unfair.

The through and out fees that had been charged amounted to roughly $250 million per year, and the utilities are of the opinion that doing away with the fees will cause them undue economic harm. According to some, up to $50 million is at stake due to what would be "free service." The Pennsylvania regulators felt that in supporting a shift to the new rate mechanism last month, FERC failed to gain commitments from transmission-owning entities to become part of regional transmission organizations, which are meant to enlarge the marketplace for electricity by standardizing rules and tariffs.
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