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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)

Sempra Subsidiary and Dynegy Unit Strike Liquified Gas Deal

LCG, February 18, 2003-Newly conceived Sempra LNG Corporation will give $20 million to Dynegy Midstream Services L.P. in an initial payment to purchase the Hackberry liquefied natural gas project.

The total development costs for the Louisiana facility are expected to be around $700 million. The plant will have a 1.5 billion cubic feet per day capacity and a storage capacity of 10.4 billion cubic feet.

The Hackberry project must still meet antitrust approval but has received the preliminary OK from the Federal Energy Regulatory Commission. The project is expected to begin operations in the beginning of 2007.

Sempra Energy Internation has also proposed a Mexican LNG project in Baja California, some 14 miles north of Ensenada. This project, if completed, would bring another 1 billion cubic feet per day in capacity.

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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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Sempra Subsidiary and Dynegy Unit Strike Liquified Gas Deal