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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

Dominion Reaches Agreement on Emissions Plan for Salem Power Station

LCG, May 27, 2005--Dominion, one of the largest energy companies in the nation, announced that it has signed a consent order with the Commonwealth of Massachusetts and other stakeholders for a plan to reduce emissions at the Salem Power Station that will result in the station meeting State emission regulations.

The plan includes commitments from Dominion to keep the 745-MW plant, which is equipped to burn coal and oil, operating through at least September 30, 2008. The plant is a key source of jobs and tax revenues for the community. Dominion purchased the plant on January 1, 2005 from the bankrupt from USGen, which had threatened to close the plant to avoid the costs of installing emission control equipment.

One element of the plan is to change the quality of coal in order to reduce sulfur dioxide (SO2), nitrogen oxides (NOx), and mercury emissions from the station. Modifications to enable the fuel handling system to use low-emissions coal will also be required.

ISO New England had determined the plant is needed for grid reliability purposes and had moved to block the closure of the station. The new agreement regarding how the emissions will be reduced and how costs will be allocated was filed Wednesday with the Federal Energy Regulatory Commission, which must approve the pact.

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