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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

North Korea Meets with Russia for Nuke Deal

LCG, March 26, 2002-Last week North Korean and Russian officials talked about joint energy endeavors.

North Korean parliamentary head Choe Thae Bok went to Moscow to speak with Russian industry official Ilya Klebanov about rail and electricity development, including building a nuclear plant.

North Korea has been dubbed part of an "axis of evil" by U.S. President Bush.

A 1994 agreement required the country to stop nuclear arms development. Many international experts say that the country is still retaining and possibly producing weapons-grade plutonium. The agreement also included inspections by the International Atomic Energy Agency.

With U.S. assistance two light-water nuclear reactors were slated to be built by 2003 according to this agreement, but now the project is not likely to happen for years. North Korea is looking for other avenues by which to develop nuclear power.

According to the Guardian, Moscow officials are hesitant to form any definite plans with the North Korean regime.
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