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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

Joint Venture to Build 45 Megawatt Pennsylvania Plant

LCG, July 27, 2000--Subsidiaries of Southern Union Co. and Energy East Corp. said yesterday that they had formed a joint venture to build and operate a 45 megawatt peaking power plant near Scranton, Pa.

PEI Power Corp. and Cayuga Energy Inc. will build the natural gas-fired merchant plant at the site of PEIs 25 megawatt Archbald plant, a cogeneration facility that burns natural and landfill gases. Archbald currently produces 21 megawatts of power for the PJM Interconnection, a power grid serving areas of Pennsylvania, New Jersey, Maryland, Delaware and the District of Columbia.

" With this project, we are pleased to announce that PEI Power II will triple the output capacitycurrently produced at the Archbald site," said Vincent A. Bonaddio, president of PEI Power Corp., the Southern Union subsidiary.

Cayuga Energy, the Energy East unit, will be general manager of the joint venture, operating as project manager for engineering and construction, and will also manage fuel procurement and electricity sales.

The new project has received the necessary permits and approvals, and is expected to be in service in May 2001.

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