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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

Capacity Being Added at Florida's Hines

LCG, Mar. 28, 2002--The second phase of construction at Florida Power's Hines Energy Complex is beginning today, and will add a second gas-fired, combined-cycle plant.

The new plant will have a capacity of 495 megawatts, and is expected to start producing power in November 2003. "We serve a state with one of the highest growth rates in the country," commented Bill Habermeyer, president and CEO of Florida Power, the regulated utility. The original, 482-megawatt plant, Hines 1, started operations in 1999. The Hines Energy Complex is located in Polk County, Fla.

During the approval process of the combined-cycle generating units at Hines by the Florida Public Service Commission in 2000, a staffer suggested that Florida Power be allowed to recoup its capital and operating costs plus a given rate of return for the first five years of the project, rather than over a 30-year period.
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