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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.

LCG Publishes 2025 Annual Outlook for Texas Electricity Market (ERCOT)

Sempra Questions CA Challenge of Expensive Contracts

LCG, March 26, 2002-San Diego Gas & Electric's parent company Sempra insists that the state cannot ask the Federal Energy Regulatory Commission to alter or nullify electricity contracts.

$43 billion worth of contracts were signed last year during California's energy crisis, and the state requested that the Federal Energy Regulatory Commission (FERC) do something about the contracts, which are deemed to be $21 billion too expensive by the California Public Utilities Commission. The CPUC says the contracts do not follow federal guidelines calling for reasonable pricing

Sempra says that California cannot legally request to change the contracts and hopes that FERC will deny the substance of California's filings.

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LCG Publishes 2025 Annual Outlook for Texas Electricity Market (ERCOT)

LCG Publishes 2025 Annual Outlook for Texas Electricity Market (ERCOT)

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Sempra Questions CA Challenge of Expensive Contracts