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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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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.

Read more

Industry News

State Okays Dayton Power & Light Sale of Gas Assets

LCG, July 13, 2000--The Public Utilities Commission of Ohio has approved the sale by Dayton Power & Light Co. of its natural gas distribution assets to Vectren Corp., the curiously-named holding company for Indiana Gas Co. and Southern Indiana Gas & Electric Co.

As part of their ruling, the regulators ordered that Vectren adopt DP&Ls existing tariff for gas service. The business will operated under the name Vectren Energy Delivery of Ohio Inc.

Niel C. Ellerbrook, chief executive of Vectren, said "With the timely receipt of the PUCO order, we are one step closer to our goal of completing this acquisition and providing quality services to our new customers in Ohio."

The transaction still must be approved by the Securities and Exchange Commission under the Public Utility Holding Company Act. Other remaining approvals include the Federal Communications Commission's authorization of the transfer of radio licenses held by DP&L, and action by certain local authorities regarding the transfer of operating rights.

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