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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

Duke to Issue RFP for Electric Generating Capacity in Florida

LCG, September 26, 2013--Duke Energy Florida earlier this week announced that it will issue a Request for Proposals (RFP) to supply approximately 1,640 MW of electric generating capacity beginning in 2018.

New proposals to provide generating capacity will compete with Duke Energy?s self-build option to install a natural gas-fired, combined-cycle facility in Citrus County Florida.

"We have a need for significant generating capacity in 2018 and through the RFP process, we will be able to identify the most cost-effective, safe and reliable generation source for our customers," said Duke Energy state president - Florida.

The company will issue the RFP on October 8, 2013. A pre-release meeting is scheduled for October 2, 2013, and a meeting for interested bidders will occur on October 18, 2013. Following the completion of evaluating the proposals, a short list of proposals will be announced next March. Finalists are scheduled to be named in May 2014, and the award announcement is expected by August 2014.

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