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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

Taiwan Lawmakers, Cabinet to Mediate Nuclear Impasse

LCG, Feb. 2, 2001Taiwan's Nationalist Party-dominated legislature and the Democrat Progressive government agreed this morning to mediate the conflict over whether to complete construction of the island's fourth nuclear power plant.

The controversy over the plant has dominated Taiwanese political life for months and has stifled financial markets and business in general.

This morning, Premier Chang Chun-hsiung and Wang Jin-pyng, speaker of parliament, said they had agreed to settle the dispute by putting it to a parliamentary referendum. "The Executive Yuan and the Legislative Yuan have reached consensus and hope to resolve the fourth nuclear power plant row at an early date," Wang told reporters.

The dispute came to a head last month after Taiwan's high court ruled that the Democrat Progressive cabinet had acted improperly in canceling the nuclear plant without concurrence of the legislature. On Wednesday, parliament voted against the cabinet decision.

This morning, Chang said he "understood and attached importance" to parliament's vote. "We hope to use the referendum bill on public policies to resolve the matter," said the premier, backing down on earlier insistence that the cabinet alone could cancel the reactor.

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