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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

NY Sees Construction Begin on 750-Megawatt Plant

LCG, June 10, 2002--The site of New York State's Albany Steam Station is now a busy construction site, soon to host a 750-megawatt combined cycle plant known as the Bethlehem Energy Center.

The groundbreaking ceremony today was attended by Gov. George Pataki, as well as other government officials and community leaders who backed the project. The developer, PSEG Power New York, acquired the site from Niagara Mohawk Power Corp. in October, 1999. The company's president and chief operating officer, Frank Cassidy, said, "Albany Steam Station was our first acquisition and the construction start at BEC is another important step in the growth of our business."

The Albany Steam Station has provided 400 megawatts from its location three miles south of Albany, in the Town of Bethlehem. Albany will continue producing power until the operation of the Bethlehem Energy Center begins, in 2004 if all proceeds according to plan. The newer, gas-fired technology will result in a drop in nitrogen oxide and sulfur dioxide emissions of 97-98%. Additionally, the new plant will use only 2-3% of the cooling water used by Albany Steam Station.
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