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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

Dominion, CME Plan 800 Megawatts for Michigan

LCG, April 12, 2001-- Dominion Resources Inc. said this morning it would partner with CME North American Merchant Energy in the proposed development of an 800 megawatt power plant near the village of Dundee in Monroe County, Michigan.

Jerry V. Llaneza, Dominion's director of business development, said "the proposal needs additional analysis. The ultimate timeline for developing and beginning commercial operations will depend on several studies that the new partnership intends to carry out before proceeding."

The company said it has yet to perform all the environmental and other permitting studies required for the $300 million plant. If the project moves forward, the plant will be fueled by natural gas supplied from Dominion's reserves in the region.

CME is a power plant developer currently involved in co-developing 6,300 megawatts of greenfield merchant plants in Ohio and Michigan.

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