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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

UK Reveals Tidal Power Prototype

LCG, June 18, 2002--United Kingdom Energy Minister Brian Wilson presented a new electricity generator which uses the power of ocean tides.

The "Stingray" uses the kinetic energy from moving ocean water and transforms it into electricity by way of a hydraulic motor.

Engineering Business Ltd., which is developing the project, will move the prototype generator out to a seabed near Shetland. The company plans to build several similar generators if the Stingray is successful.

The British government gave GBP1.1 million to the project as part of an attempt to create a GPB1 billion renewable energy market within the next 8 years.
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