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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

Morgan Stanley Plans 324 Megawatt Tacoma Plant

LCG, June 11, 2001--Morgan Stanley Capital Group plans to build a 324 megawatt gas-fueled power plant on 17.3 acres of land south of Tacoma, Wash., the Port of Tacoma said Friday. The Port Commission had accepted Morgan Stanley's $2.83 million bid for the land a day earlier.

No timetable for development of the plant was disclosed, but "We'd like to begin work as soon as possible," said Morgan Stanley's Jim North. "Construction time is in the range of about six months once we begin grading the site."

North added "Our goal here is to work with Tacoma Power and get interconnected with the grid as soon as possible."

The $100 million facility will be built in the port's Frederickson industrial area, which has a natural gas pipeline running through it. Building the plant will create about 100 construction jobs and the completed facility will have around 10 permanent employees.

"We're very happy to be able to provide a site for a project that will increase the amount of electrical energy available to our community," said Port of Tacoma Commission President Connie Bacon. "This will help keep our economy and business climate on track."

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