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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

Six Out of 10 Californians Favor Nukes, Poll Shows

LCG, May 23, 2001The threat of rolling blackouts and higher electric bills has Californians rethinking their priorities, according to a Field Poll released yesterday. Nearly six in 10 now want more nuclear plants to produce large quantities of emissions-free power.

"If California is this way, it has to be good news for the nuclear power industry -- major goodnews," said Mark DiCamillo, director of the Field Institute.

When the Field Institute last tested California's attitude toward nuclear power plants in 1984, 61 percent opposed building more nuclear power plants and that was before the explosion at the Chernobyl plant.

The poll was conducted over a 10-day period ending Sunday, with 1,015 state residents answering questions in English and Spanish.

According to the Field Poll, a growing number of Californians also would like to see a softening of strict environmental rules that keep aging power plants from running. In January, only 47 percent would support relaxing the emissions rules, while today 53 percent are in favor.

The prospect of paying huge electric bills came closest to unifying state residents, the poll found. About 70 percent favor federally-imposed price caps on electricity, with support coming from both Republicans and Democrats.

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