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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

Dominion Buys 550 Megawatt Pennsylvania Project

LCG, Nov. 22. 2000--Dominion Resources Inc. said this morning that it had purchased the rights to a 550 megawatt power project under development in an industrial park in the town of Falls, Pa., across the Delaware River from Trenton, N.J.

The Fairless Works Energy Center will operate as a merchant power plant, selling electricity into the regional wholesale markets. Development was begun by SWEC LLC, from whom Dominion resources bought the project for an undisclosed sum.

Thomas E. Capps, chief executive of Dominion Resources, said the acquisition "is a very attractive fit from all points of view." He said the deal was consistent with local and Pennsylvania state objectives "and also advances Dominion's energy supply objectives in the Northeast, Midwest and Mid-Atlantic regions of the U.S."

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