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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

Reliant Breaks Ground for Clean-Coal Plant

LCG, June 20, 2001In a ceremony attended by Pennsylvania Gov. Tom Ridge, Reliant Energy Inc. yesterday broke ground for construction of the first major coal-fired power plant to be built in the Keystone State in 20 years.

The $800-million, 520 megawatt Seward Power Plant in East Wheatfield Township will use a clean-coal technology called circulating fluidized bed to burn waste coal while meeting stringent environmental requirements, the company said.

Joe Bob Perkins, president and chief operating officer of Reliant Energy Wholesale Group, said the "facility will ensure fuel diversity in the mid-Atlantic region, which will help provide stability for consumers in an increasingly volatile energy marketplace. In the process, we'll help clean up the environment, create and retain jobs, and provide a reliable supply of power for the region's residents and businesses."

As part of that environmental clean-up, fueling the plant will remove more than 100 million tons of waste coal from the Pennsylvania landscape over the project's life, which will eliminate a significant source of acid discharge from the Kiskiminetas-Conemaugh watersheds. Alkaline ash produced at the plant will be returned to many of the waste-coal sites to neutralize any remaining acids.

According to a study by Pennsylvania State University, economic benefits to the region include the direct and indirect preservation of about 130 jobs and the creation of about 400 new ones. About 700construction workers will be needed during peak construction, Reliant said.

The new plant, scheduled to begin commercial operation in 2004, will replace an 80-year-old, 200 megawatt facility that will be closed in late 2003.

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