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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

FERC Approves Sierra Pacific-Portland General Combo

LCG, Nov. 22, 2000--The Federal Energy Regulatory Commission yesterday approved unanimously the application by Sierra pacific Resources Corp. to acquire Portland General Electric Co. from Enron Corp.

"FERC approval is a major milestone in Sierra Pacific's actions to acquire PGE," said Walter M. Higgins, chief executive. "This is a significant event for us, as well as for all of our customers, who will benefit from the efficiencies and combined success of merging our two companies."

Sierra Pacific said it has already obtained approval from the Oregon Public Utilities Commission and the U.S. Department of Justice. The only remaining approval must come from the U. S. Securities andExchange Commission, under the Public Utilities Holding Company Act. The transaction is expectedto close during the first quarter of next year.

In November 1999, Sierra Pacific announced its intent to acquire PGE, a utility serving about 720,000 electric customers in northwest Oregon.

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