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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

Weather Shuts Down Chernobyl - It May be the End

LCG, Nov. 27, 2000--The one working reactor at Ukraine's notorious Chernobyl nuclear power plant tripped off line this morning when snow, ice and wind caused transmission line failures, signaling a drop in demand to the reactor's control systems.

Energoatom spokeswoman Nadiya Shumak said the plant shut down at 6:00 a.m. following a failure or electricity lines connecting the plant with the city of Vynnytsya, about 100 miles southwest of Kiev.

Vadim Hyrshchenko, acting director of the Ukrainian nuclear regulator, said Chernobyl might stay shut down. Operators plan to restart the reactor on Saturday, but Hyrshchenko asked "Is it worth our while restarting the reactor if it will only work for a few days before being turned off forever?"

The winter weather brought misery to millions of Ukrainians whose electricity failed when the country's transmission grid was unable to stand up to snow, ice and wind. Nearly half of all homes in portions of western Ukraine were without power.

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