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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

NRC Cites Con Edison for Indian Point 2 Violations

LCG, Aug. 10, 2000--In a move that could indicate that Consolidated Edison Co. of New York is a long way from resolving its restart problems at the Indian Point 2 nuclear power plant, the Nuclear Regulatory Commission yesterday cited the utility for three violations related to the emergency preparedness program at the idle facility.

Immediately after Indian Point 2 was shut down February 15 with a leaky steam generator tube, the NRC sent in an "Augmented Inspection Team" to check the plant out. The team identified some emergency preparedness shortcomings at the plant so its inspection was followed up in May and June with a closer look.

The agency said a July 14 inspection report listed three potential "white" findings and offered the company an opportunity to attend a regulatory conference with the NRC staff or to respond to the report in writing. The Company declined to attend a conference, indicating it did not contest the characterization of the risk significance of these findings.

The NRC said its staff now has completed its assessment and has determined that the three findings were appropriately characterized as "white." These "white" findings, explained the agency, "involve failures to meet NRC emergency planning standards for: the timely augmentation by the emergency response organization, the timely accountability of onsite radiation emergency response workers and the factual and consistent dissemination of information to the media and a local official."

White isnt as good as green, but not as bad as yellow or red.

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