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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

Minnesota Poised to Adopt 25x25 Renewable Energy Plan

LCG, February 21, 2007--The Minnesota legislature Tuesday passed a bill designed to cause 25% of retail electric sales to customers in Minnesota to be supplied from renewable resources by 2025. The House overwelmingly approved the bill by a 123-10 vote, and the Governor has stated he will sign the legislation shortly.

The legislation includes renewable supply goals for most utilities of 7% by 2010, 12% by 2012, 17% by 2016 and 20% by 2020. The legislation allows for the Minnesota Public Utilities Commission to defer or change the schedule if it is in the public interest.

Renewable supply resources include wind, hydroelectric, solar, and hydrogen. Wind energy is specifically targeted to account for one quarter of the renewable supplies utilized.
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