EnergyOnline

PRESS RELEASE

LCG Webinar: Real-Time, Real Change: ERCOT’s Market Overhaul Explained

LCG, August 1, 2025--LCG is pleased to invite you to register for our upcoming LCG Consulting Webinar, titled "Real-Time, Real Change: ERCOT's Market Overhaul Explained." scheduled for August 12, 2025, at 11 AM CT. As ERCOT continues to strengthen real-time grid reliability, the implementation of Real-Time Co-optimization Plus Batteries (RTC+B) Analysis marks an important shift for operators, traders, planners, and market participants across Texas.

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LCG Unveils 2nd Edition of 2025 ERCOT Electricity Market Outlook

LCG, March 20, 2025 – LCG Consulting (LCG) has released a second edition of 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.

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LCG Publishes 2024 Annual Outlook for Texas Electricity Market (ERCOT)

LCG, October 10, 2023 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2024, based on the most likely weather, market, transmission, and generator conditions.

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NEWS

EIA Analyzes Electric Generating Capacity Addition and Retirement Plans for 2025

LCG, August 20, 2025--The U.S. Energy Information Administration (EIA) today released its weekly "In-brief analysis" summarizing preliminary estimates of the nation's new electric generating capacity added in the first 6 months of 2025, together with preliminary estimates for the last half of the year. Similarly, planned capacity retirements in 2025 are addressed.

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GE Vernova Announces Expansion of Center for Excellence for Steam and Generator Assembly and Testing in New York

LCG, August 19, 2025--GE Vernova today announced a new $41 million investment in its historic Schenectady facility to increase generator manufacturing capacity to help meet rising global customer demands. The new funding will enable enhancements to the manufacturing of GE Vernova’s H65 and H84 generators, which accompany the energy company’s most efficient HA gas turbines.

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Minnesota PUC Approves Operations Extension for Xcel Energy's Prairie Island Nuclear Plant

LCG, August 15, 2025--Xcel Energy announced that the company received state approval yesterday from the Minnesota Public Utilities Commission to extend operations of the Prairie Island nuclear plant through the early 2050s. Prairie Island has two units that have a combined generating capacity of 1,100 MW. The units’ current operating licenses expire in 2033 and 2034.

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Energy Market Prices and Loads

Energy Price (Actuals)
ERCOT $43.94
MISO $90.13
NYISO $31.29
CAISO $69
PJM $25
Load (Actuals)
ERCOT 39146 MW
MISO 85162 MW
NYISO 17028 MW
CAISO 26524 MW

LCG NEWS

LCG Unveils 2nd Edition of 2025 ERCOT Electricity Market Outlook

LCG Publishes 2024 Annual Outlook for Texas Electricity Market (ERCOT)

As Texas Wind and Solar Capacity Increase, Energy Curtailments are also likely to Rise

LCG 2023 Annual Outlook for Texas Electricity Market (See updated Outlook here)

LCG Publishes 2022 Annual Outlook for Texas Electricity Market (ERCOT)



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The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
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PLATO
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