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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

Oklahoma to Delay Electric Dereg 'Indefinitely'

LCG, Dec. 10, 2001--Oklahoma state Sen. Kevin Easley, who guided an electric industry restructuring bill to passage in 1997, had some reassuring words last week for consumer advocates and small-business owners who appeared at a committee hearing to oppose electric deregulation, the Tulsa World reported Friday.

"We've already made the decision to postpone deregulation indefinitely," Easley, a Democrat from the town of Broken Arrow, told the group. He said the committee has turned its attention to "upgrading the transmission system, either in a regulated or deregulated environment."

Easley, who was pushing deregulation of Oklahoma's electric industry more than five years ago, sang a different song in April 1997 after Gov. Frank Keating signed into law a bill passed by the legislature that would have opened the market to competition on July 1 of next year. Easley said at the time that the law placed the Sooner State in "the forefront" of the electric deregulation movement.

But Easley's eye, and those of many other Oklahomans, has been on the deregulation debacle in California, the World said. Also, the U.S. Congress has quit prodding states to deregulate, the paper said.

Oklahoma electric rates are among the lowest in the nation, and power company officials there admit that under deregulation the state's rate would tend to rise.

Under the 1997 law, the Oklahoma Corporation Commission may delay the advent of electric competition if the state's legislative Electric utility Task Force, which is headed by Easley, recommends against it.

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