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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

CMS Energy Drops Speculative Trading Business

LCG, June 27, 2002--The utility holding company CMS Energy Corp. is reducing the size of its energy marketing unit, eliminating 50 positions as well as all speculative energy trading.

Other parts of the marketing business unit will be sold, including an energy performance contractor, CMS Viron, and the company's stake in Centennial Pipeline LLP, which deals in refined petroleum products. Asset sales have allowed CMS to raise $2.4 billion, out of a planned $2.9 billion.

CMS' energy trading division provided $7 million of $96 million overall net operating income during the first quarter, according to the company.
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