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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

Continued Border Blockade Threatens Talks

LCG, Nov. 6, 2000--Thousands of Austrian demonstrators continued to blockade border-crossings into the Czech Republic this morning, threatening talks between Czech Prime Minister Milos Zeman and Austrian Chancellor Wolfgang Schssel.

Zeman said this morning that he saw no reason to pursue talks with the Austrian government if it was unable to keep its own borders open. There is some doubt, however, how eager Austria is to suppress the demonstrators.

When the anti-nuke activists returned to the borders last week, it was with a permit to demonstrate, issued by the Austrian government. Zeman said at the time that he believed the permit had been issued before his talks with Schssel had begun. If they were still there today, he would rethink the continuation of the meetings, he said last week.

They were still there today despite demands from Schssel himself that they cease the protests. Until now, the Austrian chancellor has supported the protesters, but has asked them to find a different form of protest while he and Zeman try to sort out differences between the two countries.

About continuing his talks with Schssel, Zeman said this morning "I don't see a reason for such a meeting. Why meet with a government that is so weak that it cannot ensure free passage of its borders?"

The controversy is over the Czech nuclear power plant at Temelin, a town 35 miles from the Austrian border. Austria contends that the facility, of Soviet design with fuel and control systems designed by Westinghouse of the U.S., is unsafe. Austria considers all nuclear power plants unsafe.

Last week, Temelin operators reported the reactor was at 2.5 percent of full power and was holding at that level for tests. The plant is expected to reach 100 percent of capacity in February.

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