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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

Aquila Rating Hovers Around Junk

LCG, Sep. 4, 2002--The revenue earned by Aquila from regulated operations may not be high enough to enable it to meet its obligations, make capital expenditures, and issue dividends, according to Moody's Investors Service.

While Moody's downgraded the energy company's debt to junk, Standard & Poor's issued a rating of "BBB-minus," a lower investment grade than the previous "BBB" rating. As a result of the negative outlook, Aquila has had to pay $192 million earlier than it might have otherwise. It has tried to raise capital by selling $1 billion of assets, and had earlier cut its dividend by 42%.

The company president and chief executive, Robert K. Green, said, "We've been preparing to conduct business operations under this possible scenario and will continue to deliver safe, reliable and economical energy to our customers." Aquila, formerly Utilicorp United, is based in Kansas City, Mo.
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