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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

Chubu Electric Shuts Reactor after Leak

LCG, Nov. 13, 2001--Chubu Electric Power Co. said this morning it will suspend operation of a reactor at a nuclear plant in the town of Hamaoka, Japan, because of a radioactive water leak in another reactor, Kyodo News Service reported.

According to company officials, the 840 megawatt Unit 2 reactor at the nuclear complex will be shut down this evening and remain off-line for at least 24 hours. This unit uses the same materials as the 540 megawatt Unit 1, in which a radiation water leakage was discovered near a nuclear pressure vessel Friday.

After the leak was publicly announced over the weekend, Shizuoka Prefecture Gov. Yoshinobu Ishikawa requested that Chubu inspect its other nuclear reactors in addition to Unit 1. Citizens' groups also called for the company to suspend operation of the Unit 2 reactor after the accident.

Hamaoka Nuclear Power Station has four boiling water reactors with a combined capacity of about 3,617 megawatts.

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