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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

NRC Renews Operating License for Beaver Valley Power Station in Pennsylvania

LCG, November 6, 2009--The Nuclear Regulatory Commission (NRC) announced yesterday that it approved the renewal for 20 years of the operating licenses for Units 1 and 2 at the Beaver Valley Power Station in Pennsylvania. With the 20-year extension, the nuclear units are licensed to operate until January 29, 2036, and May 27, 2047, respectively. Units 1 and 2 went into operation in 1976 and 1987.

FirstEnergy Nuclear Operating Company, the operator of 1,815-MW Beaver Valley Power Station, submitted the application on August 27, 2007. The NRC performed safety and environmental reviews, of the two, pressurized-water nuclear reactors prior to approving the applications.

The NRC stated that the Beaver Valley licenses represent the 56th and 57th reactor licenses that it has renewed. Furthermore, there are now 13 applications for 20 units that are under review by the NRC.

























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