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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

NRC Accepts Application from Luminant for Two New Nuclear Reactors in Texas

LCG, December 4, 2008--The Nuclear Regulatory Commission (NRC) yesterday announced that it accepted for review a combined operating license (COL) application submitted by Luminant Generation to construct and operate two nuclear reactor at the existing, 2,300-MW Comanche Peak nuclear power station in Texas. The COL application was submitted September 19, 2008.

Luminant Generation proposes to use the U.S. Advanced Pressurized Water Reactor (US-APWR) design, which provides for an electric generating capacity of 1,700 MW per reactor.
Luminant Generation is the only company that has submitted a COL application to the NRC based upon the US-APWR design.

On February 29, 2008, the NRC accepted for review an application from Mitsubishi Heavy Industries (MHI) to certify the US-APWR design. A similar version is now under license review in Japan.

MHI filed its application to certify the design on December 31, 2007. The NRC will conduct a technical review and will issue a Safety Evaluation Report after all technical and safety questions are addressed. The NRC may then certify the design with an agency rulemaking. The NRC?s Office of New Reactors previously estimated that the review work will continue at least into 2011.
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