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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

California Approves Enron 750 Megawatt Plant

LCG, Dec. 21, 2000--Enron North America said yesterday that it has received unanimous approval from the California Energy Commission for its 750 megawatt Pastoria Energy Facility, which is located in Kern County, southwest of Bakersfield. The project was announced in late 1998.

"This decision represents our second permit of an efficient, clean-burning power plant that will helpCalifornia overcome the tremendous energy shortfall the state has experienced this year," said DavidParquet, vice president, Enron North America.

The company recently sold its first project in California, the 508 megawatt Pittsburg District EnergyFacility, to Calpine Corp., which renamed it Los Medanos Energy Center, will build it and have it in commercial operation next year.

Parquet said "We have more than 2,000 megawatts of additional new projects under development in California, and we're eager to move forward with these plans to provide more generating capacity to the state."

So long as Californians keep burning megawatts as if they were free, the state need all the power plants it can get.

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