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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

Missouri PSC Approves Grain Belt Express HVDC Transmission Project

LCG, March 22, 2019--The Missouri Public Service Commission (PSC) approved a request filed by Grain Belt Express Clean Line LLC for a certificate of convenience and necessity (CCN) to construct, own, operate, control, manage and maintain a high-voltage, direct-current (HVDC) transmission line to move power east from wind farms in western Kansas to load centers in Missouri, Illinois and Indiana.

The PSC concluded that the Grain Belt Express project would provide short- and long-term benefits to ratepayers and citizens of Missouri. Additional regulatory approval for the multi-state project is necessary prior to construction.

The estimated cost of the Grain Belt Express project is $2.3 billion. The project calls for installing a 4,000-MW, 780-mile overhead transmission line extending from the Iron Star wind farm in southwestern Kansas to parts of Missouri, Illinois and Indiana.

The project was proposed by Grain Belt Express Clean Line Energy Partners in 2014, and Invenergy announced plans to acquire all the development assets of the Grain Belt Express transmission project, pending appropriate regulatory approvals, in November 2018.
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