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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

Low Hydro Causes Manitoba to Import Power

LCG, Dec. 16, 2003--The worst drought to hit the Canadian province of Manitoba since 1988 has seriously cut into the amount of hydropower available to serve local demand.

Prolonged dry conditions and the increasing export of power to neighboring areas has led the utility Manitoba Hydro to begin importing power for the first time in over a decade. Purchases of power have exceeded sales by about nine-hundred thousand megawatts for the past six months. Local generation is at 60 percent of normal, according to spokesman Glenn Schneider.
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