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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

FPL-Entergy Merger in Trouble, Companies Say

LCG, March 19, 2001FPL Group Inc. and Entergy Corp. said jointly this morning that their proposed merger has encountered "significant" difficulty and the companies would meet in the near future to address the issues.

In a brief statement, the two firms said without further elaboration "certain issues have arisen in connection with their pending merger, including governance structure/value-related issues and integration of the two companies going forward."

Allyson Orlando, an analyst with Lehman Brothers, which had rated Entergy as a "strong buy," said "We view this development as damaging to our investment thesis." Lehman cut Entergy back to "buy."

The merger would create the largest electricity distribution company in the U.S. The companies said they would have no further comment on the matter until after they meet.

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