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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

AEP to Build 900 Megawatt Cogenerator for Dow

LCG, Jan. 22, 2001American Electric Power Co. said this morning that it had signed a deal with Dow Chemical Co. for AEP to develop and build a 900 megawatt cogeneration plant at Dow'sPlaquemine, La., chemical complex.

Dow will operate the plant, which will provide steam to the chemical plant and handle some of its electricity needs. AEP said it has reached a 20-year agreement to sell up to 900 megawatts from the facility to Tractebel Energy Marketing Inc., subsidiary of the Belgian energy and services giant.

"This project is another example of AEP's ability to successfully link its technical and commercialskills to meet our customers' needs," said Paul Addis, an executive vice president.

Dow's energy business director, Bill Jewell, said "This power plant will enable Dow to be more energy efficient and allow us to grow to meet the needs of our customers."

Construction of the $325 million facility will begin this year, with startup scheduled for early 2003.

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