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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

GE Hitachi Nuclear Energy's ESBWR Passes Safety Review

LCG, October 28, 2010--GE Hitachi Nuclear Energy (GEH) Tuesday announced that its Economic Simplified Boiling Water Reactor (ESBWR) design passed a safety review conducted by an advisory committee for the U.S. Nuclear Regulatory Commission (NRC). With the successful review, GEH is now positioned to proceed with design certification. GEH estimates that final NRC certification for the "Generation III+" reactor model could occur by next fall.

GEH submitted the design for the 1,520-MW, ESBWR design to the NRC on August 24, 2005, and the NRC accepted the application on December 1, 2005. GEH states that the design incorporates passive safety features and simplified construction and operation.

GEH and DTE Energy are working together towards the possible development of an ESBWR project adjacent to DTE's existing Fermi 2 nuclear plant, located south of Detroit, Michigan. The NRC is currently reviewing the combined license (COL) application for the proposed Fermi Unit 3, which was submitted by Detroit Edison (a subsidiary of DTE) in September 2008. DTE has not yet made a decision to proceed with construction of the new reactor.
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