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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

Newsmakers

Andrea Bielsker, financial vice president and treasurer of Kansas City Power & Light Co., will add the title of chief financial officer on January 1. She joined the company as a financial planner in 1984.

Nora Mead Brownell, a member of the Pennsylvania Public Utility Commission, has been named president of the board of directors of the National Association of Regulatory Utility Commissioners.

Patricia Higgins has resigned from the board of directors of The Williams Companies Inc., citing as the reason changes in her responsibilities as president and chief executive officer of Switch & Data Facilities Co. She had joined the Williams board in connection with its acquisition of Transco Energy Co. in 1995.

Avista Announces Board, Keyman Changes

Avista Corp., the Spokane, Wash., utility holding company formed from Washington Water Power Co., has announced two changes to its board of directors and three executive appointments.

  • Erik J. Anderson has been appointed to the board, filling a vacancy created by the previously announced departure of Tom Matthews. Anderson is chief executive of Seattle-based Matthew G. Norton Co.

  • Larry A. Stanley, a director, was elected chairman, replacing Matthews, who resigned as chairman of the board effective a week ago. Stanley will serve Matthews' unexpired term as chairman until next May.

  • Gary G. Ely was confirmed as president and chief executive officer. Last month, the Avista board had named Ely acting president and chief executive. Ely, who has been with Avista and its predecessor companies for 33 years, had previously held the position of executive vice president.

  • Scott L. Morris, president of Avista Utilities, the company's regulated electric and gas operating division, was named a vice president of the parent corporation.

    Kelly O. Norwood, vice president and general manager of Avista Utilities' energy resources department, was also made a vice president of Avista Corp.

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