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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

New Jersey Nuke Heading for Higher Capacity

LCG, Aug. 1, 2002--The Hope Creek nuclear plant in southern New Jersey is undergoing improvements that may enable owner Public Service Enterprise Group to increase output 10% there by 2004.

The upgrade, to be performed by General Electric Co., will replace the existing main steam turbine at the 1,100-megawatt generating station. An application to make changes to the plant license has been filed with the Nuclear Regulatory Commission.

Similar work is underway at other nuclear plants owned by PSEG Inc. The two-unit Salem generating station is already undergoing construction work to uprate its capacity, making the total increase for both plants approximately 200 megawatts upon completion.
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