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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

Entergy Announces Agreement to Sell Gas-fired Power Plant in New England

LCG, October 9, 2015-Entergy Corp. yesterday announced that its wholesale generation division, Entergy Wholesale Commodities, has entered into an agreement to sell its 583-MW Rhode Island State Energy Center to Carlyle Power Partners. The base sales price is approximately $490 million, subject to closing adjustments. The transaction is expected to close by the end of this year.

The Rhode Island State Energy Center (RISEC) is a natural gas-fired, combined-cycle electric generating facility located about five miles from Providence, Rhode Island. Entergy Wholesale Commodities purchased the plant from NextEra Energy Resources, LLC for $346 million in December 2011. The facility entered commercial service in 2002.

Entergy Chairman and CEO stated, "Our strategy for EWC is focused on being disciplined about reducing risk and freeing up financial resources for other opportunities. RISEC has been a very good investment for us, and its sale is consistent with that strategy."
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