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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

Enron to Buy Out India State's Stake in Dabhol II

LCG, Nov. 14,2000--Enron Corp. was said to be searching for a new investor in the second phase of its Dabhol Power Co. project in India's Maharashtra state after the State Electricity Board expressed its "inability to invest for the time being," The Economic Times reported this morning.

The Maharashtra State Electricity Board will keep a 15 percent stake in the power project, but will be unable to pay for an additional 15 percent as planned, the financial daily published in New Delhi said.

The 1,444 megawatt phase II at Dabhol has four investors: Enron owns 50 percent, the Maharashtra State Electricity Board 15 percent, General Electric Co. 10 percent and Bechtel Enterprises 10 percent. That leaves 15 percent for a new investor.

In the meantime, Enron owns 65 percent of the project, paying for the State Electricity Board's 15 percent with debt, which The Economic Times said is already arranged.

A new investor would be expected to pay about $128 million for the vagrant 15 percent, the paper said.

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