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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)

Texas May Raise Energy Market Admin Fees

LCG, August 21, 2002-Ercot may raise wholesale power market fees by as much as 90 percent.

The Electric Reliability Council of Texas is considering increasing the fees applied to market players. The current administration cost is 22 cents per megawatt-hour, but this may be raised between 36 and 90 percent, according to Ercot chief executive Tom Noel.

The revenue from the fee increase would be dispensed to some 100 market improvement endeavors such as improved transparency. The projects will cost an estimated $100 million and would involve a 42 cent per megawatt-hour fee.

October will see more a more serious move to change in the Texas market as the Ercot board will vote on its budget and may also make changes to board seats, possibly adding members from outside of the Texas market.

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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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Texas May Raise Energy Market Admin Fees