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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

Russian Gas Unable to Get Customers to Pay

LCG, August 7, 2002-OAO Gazprom says it intends to reassess its development program in response to mounting unpaid gas bills.

The Russian gas giant, which reports itself as the largest gas company in the world, is due $1.4 billion or 45 billion rubles in unpaid gas bills.

Gazprom says it will concentrate on reliability in gas delivery but has requested that the Russian government increase gas rates, which are currently insufficient to cover Gazprom's production costs.

The company's lack of funds have prevented maintenance of pipelines and various winter preparations.
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