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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

1,168 MW of Allegheny Energy New Generation Canceled

LCG, July 23, 2002-Allegheny Energy has decided to cancel an Arizona plant project because of market conditions.

The La Paz County plant in question has been cancelled because of low wholesale energy prices.

The energy company has also decided to limit its staff by 10 percent and cancel the second phase of a combined cycle plant in Saint Joseph County, Indiana which otherwise would have added 630 MW capacity.

The cancellations come as energy companies nationwide limit expansion, canceling and suspending projects in light of decreased trading and low wholesale prices.
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