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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

Global Warming Bill Defeated in Senate

LCG, Oct. 31, 2003--A measure sponsored by Senators John McCain, R-Ariz., and Joseph Lieberman, D-Conn., that would have created an incentive-based program for limiting emissions of greenhouse gases and carbon dioxide was rejected yesterday in a 55-43 vote.

McCain said that the outcome notwithstanding, he would bring a similar measure up for a vote in the future. In 1997, a Senate vote indicated near-unanimous opposition to measures that would cause economic harm for the United States, by 95-0.

Democrats were mostly supporters of the measure, although ten voted against it. Six Republicans voted in favor. The difference between yesterday's vote and the one in 1997 may show greater concern among legislators about shifting public sentiment and opinions on economic effects of environmental policy.

The New York Times reported that some votes for the measure were potentially cast by Senators who may have voted otherwise had they felt the measure had a significant chance of passing.
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