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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

We Energies to Close Pleasant Prairie Coal Plant in 2018

LCG, November 30, 2017--WEC Energy Group announced Tuesday that it will shut down the coal-fired, Pleasant Prairie electric generating facility in the second quarter of 2018. WEC Energy Group's Wisconsin operations include We Energies and Wisconsin Public Service.

The Pleasant Prairie facility, with a net electric generating capacity of 1,190 MW, has been a major source of power in Wisconsin. Its two units were installed in 1980 and 1985. However, low natural gas prices, increased energy delivered from growing wind farms, and minimal growth in demand for electricity have hurt the competitiveness and need for the power plant, which relies on coal from Wyoming's Powder River Basin.

We Energies also stated that it has plans to own and develop 350 MW of solar power by 2020.
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