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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

Lightning Knocks Out Canadian Hydro Plant

LCG, June 6, 2001The Akolkolex Hydroelectric Plant near Revelstoke, British Columbia was struck by lightning late Monday, causing a fire in the control room. The plant shut down according to plan under its emergency systems, operators said.

It was the first major property damage at the plant in more than six years of operations, according to Canadian Hydro Developers Inc. The company said it appears initially that the damage was limited to the control panels, with the generator and turbine remaining unharmed. Canadian Hydro will order new control equipment and have it installed "without delay."

Ross Keating, president of Canadian Hydro, said "It is very disappointing that this damagehas occurred during the spring runoff period. We will be doing our best to be back on line as soonas possible."

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