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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

PJM Approves Transmission Upgrades

LCG, October 8, 2002-Transmission operator PJM Interconnection LLC has authorized over $725 million in upgrades to the Mid-Atlantic region's electricity transmission system.

PJM's Independent Board passed the upgrades last week, and the Board of Directors approved the upgrades yesterday.

In coming to this decision, officials considered proposed projects and opinions from energy companies, transmission owners, and state regulatory bodies.

The upgrades are said to serve 39 new power plants, which will provide an additional capacity of nearly 8,600 MW.

PJM Interconnection is a non-stock company responsible for electricity grid reliability in the Mid-Atlantic region, including Delaware, Maryland, Pennsylvania, New Jersey, and the District of Columbia.

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