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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

Lebanese Cabinet Denies Rumors of Electricity Crisis

LCG, Jan. 18, 2002--The Lebanese Daily Star reported that Cabinet officials heard from Energy and Water Minister Mohammed Abdel-Hamid Beydoun at a routine session that no energy crisis was imminent.

Beydoun's remarks reportedly indicated that fuel oil stocks and expected additions would meet the requirements for the coming month. Further, he is to have said, rumored breakdowns at the Deir Ammar and Zahrani power plants were not true, due to the facilities' being diesel-powered. Leading the meeting were President Emile Lahoud and Prime Minister Rafik Hariri.

Leaks to the press had indicated that blackouts might occur, a scenario which Information Minister Ghazi Aridi called "wrong." Aridi informed the press that talks between the Cabinet and Electricite du Liban Director-General Kamal Hayek will be held to clear up all issues regarding power security.

Lahoud has urged that dams approved by the government be brought into operation as soon as possible in order to obtain all possible benefits from hydropower.

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