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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

Nisource-Columbia Energy Deal Done

LCG, Nov. 2, 2000--Nisource Inc. said yesterday it has completed its $6 billion hostile takeover of Columbia Energy Group, saying the merger has created the largest U.S. natural gas distributor east of the Rocky Mountains, with wholesale and retail gas and electric operations.

The new company's stock will continue to trade on the New York Stock Exchange under the symbol "NI" but a couple of other financial page items will change. Columbia had been a part of Standard & Poor's 500 index and the Down Jones utility and 65-stock composite averages, while the smaller Nisource was not.

Typesetters will have to make the switch for those indexes, and Nisource will suddenly become a "large-cap" company.

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