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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

Enron Mexican Plant to Sell Power Next Year

LCG, June 6, 2001Enron Corp. said yesterday that its Nuevo Leon power project in Mexico would be completed on schedule late next year and begin selling power to three Mexican industrial firms.

Power from the 245 megawatt cogeneration facility will be taken by Mexican glassmaker Vitro SA, Grupo IMSA, an industrial conglomerate, and Mexico's second largest cement company, Apasco.

"Vitro will consume 110 megawatts, IMSA 90 and Apasco the remaining 45 megawatts," said Enron Mexico President Jaime Alatorre, who was attending a business conference in Monterrey.

Vitro says the new plant will cut its annual electric bill by $10 million while supplying power to at least 12 of its plants. IMSA said it expects annual energy savings on the order of 13 percent.

Cogeneration projects such as Nuevo Leon, where power produced is for private consumption, are the only private power investments possible under Mexican law. Alatorre said the country will need to change its law if private investment is to provide for the country's future energy needs.

"Congress must be made conscious of the fact that the issue of sector reform can wait no longer,"he said.

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