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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

New Brunswick Power Plant to Be Built at Oil Refinery

LCG, Oct. 24, 2003--A 90-megawatt cogeneration plant has been planned by TransCanada Corp. and Irving Oil Ltd., which owns the Saint John, New Brunswick oil refinery.

The two companies envision a tolling arrangement under which TransCanada will own the Grandview cogeneration plant, while Irving Oil would supply natural gas to fuel the plant and purchase both the electricity and heat it generates. The agreement is scheduled for a 20-year period.

The plan was first announced in July 2002, but this week's announcement indicated that construction should begin next month, with operations planned to start before the end of 2004.

Irving Oil's Saint John refinery is the largest in Canada. The company will obtain natural gas for Grandview from the Sable Offshore Energy Offshore Energy Project, next to Nova Scotia.
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