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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

Terrorist Threat Could Scuttle Maryland LNG Plant

The Federal Energy Regulatory Commission on Friday met with state and local officials to discussnational security concerns connected with restarting a liquefied natural gas plant near the Calvert Cliffs nuclear power plant in southern Maryland.

Last month, FERC gave permission to The Williams Cos. to reopen and expand the company's Cove Point liquefied natural gas plant despite concerns that the facility could be subject to sabotage that would threaten a nearby nuclear plant owned by Baltimore utility Constellation Energy Group.

Massachusetts officials shut down an LNG terminal in Boston following the September 11 attacks on the World Trade Center and the Pentagon. Officials feared an LNG tanker entering Boston harbor could be subject to sabotage, causing massive damage.

Democrat Sen. Barbara Mikulski of Maryland had demanded that FERC reconsider its approval order from last month. "You must carefully consider the fact that the Cove Point facility is within 3.5 miles of the Calvert Cliffs nuclear power plant and the ships that carry liquefied natural gas from Algeria or other countries will be under foreign flag with foreign crews," Mikulski said in a letter to FERC.
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