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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

Newsmakers

Charles B. Clark Jr. has been named a senior vice president of Calpine Corp..He will continue to serve as corporate controller and chief accounting officer.

Gerald R. Forsythe has resigned from the board of directors of Black Hills Corp., the parent holding company for Black Hills Power Co., an electric utility serving western South Dakota, northeastern Wyoming and southeastern Montana. No replacement has been named.

Larry Geske, president and chief executive of Rocky Mountain natural gas and propane company Energy West Inc. will retire, effective immediastely, to focus on personal and community projects. He will be replace by Edward Bernica, chief operating officer of the firm.

Edward D. Gottlob has been named a vice president of the Houston Pipe Line Co. subsidiary of American Electric Power Co. Inc. He previously served as director of gas marketing and trading for HPL.

Dwayne L. Hart has been named senior vice president for strategic acquisitions anddivestitures by the AEP Energy Services unit of American Electric Power Co. Inc.He joined AEP Energy Services in June of last year as vice president for business development and strategy.

William P. Herdegen III has been named vice president for distribution operations by Kansas City Power & Light Co. and will be responsible for distribution engineering,construction, maintenance and operations at KCP&L Delivery. He joins the company from Laramore, Douglass and Popham, a consulting firm providing engineering services to the electric utility industry, where he was chief operating officer.

Vincent J. Lewis has resigned from the board of directors of natural gas distributor Atmos Energy Corp. No replacement has been named.

Steven J. Malcolm has been named president and chief operating officer of The Williams Cos., replacing Keith E. Bailey who will remain chairman and chief executive. Malcolm, who most recently president and chief executive of Williams Energy Services and a Williams executive vice president was also named to the Williams board.

Morgan O'Brien has been named president and chief executive of utility holding company DQE Inc., replacing David Marshall, who is retiring after 17 years with the company. O'Brien, who joined Duquesne Lioght Co. in 1991 and most recently was chief operating officer, will also join the DQE board.

George Rooney has been named senior vice president for marketing be the AEPEnergy Services unit of American Electric Power Co. Inc. He joined the company in 1997 as vice president for business development.

DEATHS

James T. Dolan Jr., former chairman, president and chief executive of New Jersey Resources Corp., died on September 14. He joined New Jersey Natural Gas Co. in 1962 as personnel director, became president and chief executive in 1978, and was instrumental in the formation of NJNG's holding company, New Jersey Resources Corp., becoming its first president and chief executive in 1982 and chairman in 1987. He is survived by his wife, Hilda, and his daughter, Marian.

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