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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

Energy Strike in France Reduces Output and Exports

LCG, June 3, 2003-French workers went on a 24-hour strike Tuesday, reducing electricity output by 6.4 percent.

According to the CGT union, output was decreased by as much as 7,300 megawatts. Exports of electricity were reduced by more than 5,000 megawatts.

The strike had an effect on 6 of 19 French nuclear plants, as weland hampered operations at fossil fuel-powered plants. France gets 80 percent of its total power from nuclear-based generation.

Other union officials said the output would have been more dramatically reduced had several nuclear stations not increased production to prevent blackouts.

Workers are striking because of pending pension reforms and the privatization of Electricite de France and Gaz de France.

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