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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

Allegheny Energy to Acquire Three Enron Plants

LCG, Nov. 15, 2000--Allegheny Energy Inc. and Enron Corp. announced jointly yesterday that an Allegheny subsidiary would purchase three natural gas-fired merchant power plants in the Midwest from Enron North America for an undisclosed sum.

The 1,710 megawatts of capacity will give Allegheny Energy Supply Co. more than 12 megawatts of total capacity. The company said the purchase "marks a significant milestone on the Company's strategic course toward becoming a national energy supplier. "

The plants acquired by Allegheny, which have all been in commercial operation since June of this year, are a 546 megawatt facility in Gleason, Texas, a 508 megawatt plant in Wheatland, Ind., and a 656 megawatt plant in Manhattan, Ill.

The completion of the transaction is conditioned upon approvals from the Federal Energy Regulatory Commission, the Securities and Exchange Commission and the Justice Department, Allegheny said.

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