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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

Gas-fired Plant Under Construction in Colorado

LCG, Mar. 6, 2002A joint venture of Colorado Springs Utilities and El Paso Corp., of Houston, has begun construction of a gas-fired, combined-cycle 480-megawatt power plant just south of the Ray D. Nixon power plant, near Fountain, Colorado.

Steve Christensen, project manager at Colorado Springs Utilities, said the plant will lower the utilitys need for purchases from the open market, and supply half of Colorado Springs electricity needs during peak demand. The plant, named Front Range Power, is expected to be operational in spring 2003.

Colorado Springs Utilities, which has $40 million invested in the plant, said it will use 80 gallons of water per minute for steam turbines, compared to hundreds or thousands of gallons used by traditional gas-fired plants.
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