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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.

LCG Publishes 2025 Annual Outlook for Texas Electricity Market (ERCOT)

Uranium Company to Construct $1.1 Billion Enrichment Facility

LCG, July 22, 2002-Canadian uranium producer Cameco Corporation has signed an agreement with several energy companies and utilities to construct a enrichment facility to provide uranium to the United States.

Nuclear plant owners Clairborne Energy Services, Entergy Louisiana, and Exelon Generation will join Westinghouse Electric and Urenco Ltd. in Cameco's plans.

U.S. regulators have begun assessing the project, although the plant has no official location as yet.

Cameco holds 20 percent in the project and will increase its holdings to 25 percent if and when the U.S. Nuclear Regulatory Commission gives the project license to proceed.

The United States is the largest uranium consumer in the world.

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LCG Publishes 2025 Annual Outlook for Texas Electricity Market (ERCOT)

LCG Publishes 2025 Annual Outlook for Texas Electricity Market (ERCOT)

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Uranium Company to Construct $1.1 Billion Enrichment Facility