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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

S. Korea to Build Four Nuclear Plants

LCG, August 12, 2002-Korea Hydro & Nuclear Power Co. (KHNP) has signed contracts to have four nuclear generators constructed.

KHNP, a unit of Korea Electric Power Corp. (KEPCO), expects the plants to be finished in 2009 and 2010 at a total construction cost of $6 billion.

DOOSAN Heavy Industries and Construction Company, as well as Korea Power Engineering Company, Inc. and Westinghouse Electric Co., have been contracted to work on the four generators.

Shin-Kori 1 and 2 will be built in Pusan Metropolitan City, while Shin-Wolsong 1 and 2 will be built in Kyungju-City.

KHNP operates some 16 nuclear generators, currently providing 13,716MW of capacity.

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