EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

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

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

SEC Approves Northern States-New Century Combo

LCG, Aug. 18, 2000--The U.S. Securities and Exchange Commission yesterday placed its imprimatur on the merger of Northern States Power Co. and New Century Energies of Denver, Colo., bringing to near-completion yet another combination of major energy utilities.

The SEC approval leaves only paperwork to be done before closing the transaction, which will create a new company named Xcel Energy Inc. Xcel will be headquartered in Minneapolis, Minn., but New Century, the former Public Service Co. of Colorado, will continue to have offices in Denver.

Xcel will be a holding company, serving through operating subsidiaries more than 3 million electricity customers and 1.5 natural gas customers in 12 states. A subsidiary of New Century will add about 2 million customers in the United Kingdom.

Wayne Brunetti, chairman and chief executive of New Century, will be president and chief executive of the new company and has already moved to Minneapolis from Denver. Jim Howard, Northern States chairman, president and chief executive, will be chairman of Xcel for a year before retiring, at which time Brunetti will assume that role as well.

Under terms of the transaction, Northern States stock will become Xcel stock, share-for-share, with no exchange of stock necessary. New Century shareholders will receive 1.55 shares of Xcel stock for each share of New Century they own.

Copyright © 2024 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service