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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

Poland to Privatize Energy

LCG, May 20, 2002-G8 northern distributor group and Warsaw power distributor STOEN will go up for sale to foreign investors.

Some parties in the Polish Ministry of Economics oppose the sale, saying that the companies' assets should be sold off separately to prevent regional monopolization. Investor concerns have prevailed over other objections; international institutions have criticized the government for being slow to privatize its energy sector and worry that Prime Minister Leszek Miller prefers state control.

Treasury Minister Wieslaw Kaczmarek announced last week that the state would reclaim almost insolvent Szczecin, a major shipbuilding company, in the interest of 6,000 jobs and for symbolic value. International analysts worried that this move is an indication of a more widespread government sentiment opposing privatization.

Some investors seeking to purchase the G8 group include local ElDystrybucja and Germany's E.ON.

Electricite de France, Belgium's Electrabel, and Germany's RWE have been picked by the treasury to bid on STOEN.

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