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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

Shareholders Okay FPL-Entergy Merger

LCG, Dec. 18, 2000--Shareholders of FPL Group Inc. and Entergy Corp. approved at separate meetings Friday the merger of their two companies, a combination that will serve more than 6.3 million customers in the U.S. Southeast.

Though billed as a "merger of equals," the transaction is an acquisition of Entergy by FPL. FPL chairman James L. Broadhead will be chairman of the new company while Entergy chief executiveWayne Leonard will be president and chief executive officer. The 15-member board will consist ofeight members from FPL and seven from Entergy.

About 99 percent of Entergy shareholders who cast votes favored the marriage, as did some 97 percent of FPL's. The deal, which requires approval by federal, state and local agencies, is expected to be completed in about a year.

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