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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

Californians on Power: 'What, Me Worry?'

LCG, Dec. 26, 2000-The California Independent System Operator declared electric power emergencies all week last week, as it has been doing seemingly without interruption since May, but Californian's haven't seemed to get the message.

Northern California's big investor-owned utility, Pacific Gas & Electric Co. has been forced to dig itself into a financial hole approaching $5 billion by paying market prices for electricity that it then sells to its retail customers at rates frozen at a level 10 percent below 1997 rates. Californians seem not to care how much power costs, as long as someone else pays for it.

The San Francisco Chronicle last week provided its readers with a photograph that illuminates the problem. Taken by Chronicle photographer Frederic Larson from Treasure Island, the photo shows the city's downtown ablaze with millions of lights.

Ten 100-watt light bulbs add up to a kilowatt. Ten thousand add up to a megawatt, and so on. That splash of light on the pier at lower right looks like about 10 megawatts, and a pier doesn't need to be lit up like that.

Larson's photograph was intended to convey holiday spirit, but you get the picture.

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