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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)

Duke Expects Higher Costs for New Coal-fired Units at Cliffside

LCG, October 27, 2006--Duke Energy announced yesterday that it anticipates the cost to add two, 800-MW coal units at Cliffside Steam Station to exceed the $2 billion previously estimated. The first unit is scheduled to commence operations in 2011.

The estimated degree of cost increases was sufficient enough such that Duke decided to file the increases with the North Carolina Utilities Commission on a confidential basis. The cost increases are based on bids that represent about 20 percent of the construction costs.

Duke filed its application in May 2005 for a ?Certificate of Public Convenience and Necessity? (CPCN) application with the North Carolina Utilities Commission to expand and upgrade the Cliffside Steam Station, located in Rutherford and Cleveland counties, North Carolina.

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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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Duke Expects Higher Costs for New Coal-fired Units at Cliffside