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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

Aluminum Firms Grumble, But Sign Bonneville Contracts

LCG, Nov. 2, 2000--Aluminum companies in the pacific Northwest signed their power supply contracts with the Bonneville Power Administration before the October 31 deadline, but did so with considerable grumbling and said yesterday that the prices they will have to pay for electricity will prevent them from going back into full production.

Bonneville said that five aluminum companies operating 10 smelters, two chemical companies and one paper mill signed contracts that run from Oct. 1, 2001 through Sept. 30, 2006. The taxpayer-owned utility will allot 1,486 megawatts of power among those customers at a charge of $23.50 per megawatt-hour. It isn't enough, according to some.

Brett Wilcox, owner of Golden Northwest Aluminum, said the smelters, attracted to the Pacific Northwest more than 50 years ago by plentiful and inexpensive electricity, need about 3,000 megawatts to get back into full production.

Wilcox said one of his two smelters, a Goldendale, Wash., facility, was negotiating with independent power producer Goldendale Energy Inc. for development of a new 248 megawatt plant that would allow the aluminum refinery to resume full output. The gas-fired, combustion turbine plant is expected to begin commercial operation in about two years.

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