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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

California Sets Two Records Regarding Solar Power Production

LCG, March 8, 2018--The California Independent System Operator (CAISO) recorded an all-time peak percentage of demand served by solar energy facilities on Sunday, achieving a record 49.95 percent at 12:58 p.m. The prior peak record was 47.2 percent set on May 14, 2017.
The CAISO set another record on Monday, March 5, when a new peak solar production rose to 10,411 MW at 10:18 a.m. The prior record was 9,913 MW set on June 17, 2017.

A senior public information officer at CAISO stated, "The record is a result of a cool, sunny day....Because it was a weekend, and the weather was mild, the minimum load was relatively low, around 18,800 megawatts."
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