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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

Sierra Pacific Resources Issues RFP for Renewable Energy

LCG, May 13, 2005--Nevada Power Company and Sierra Pacific Power Company yesterday issued a Request for Proposals (RFP) for renewable energy and/or renewable energy credits (RECs). The two companies, which are the utility subsidiaries of Sierra Pacific Resources, are seeking renewable proposals totaling about 200 MW of wind, geothermal, hydro and biomass energy, plus 70 MW of solar energy.

The RFP is in response to Nevada law that requires electric utilities to increase the use of renewable energy by two percent every other year until the renewable energy portfolio accounts for 15 percent of the total energy sales by the year 2013. Furthermore, the total for solar electricity must exceed five percent of the total renewable energy portfolio. Last year, Nevada Power was granted a waiver after failing to meet Nevada's renewable energy standards.

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