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

1,271 Office Workers to Lose Jobs in Entergy-FPL Deal

LCG, Nov. 15, 2000--The merger between Entergy Corp. and FPL Group Inc. will cost 1,271 office workers their jobs in New Orleans and Juno Beach, Fla., according to a filing with the Arkansas Public Service Commission.

Details of the merger were filed with Arkansas regulators because Entergy's Entergy-Arkansas unit is that state's largest electric utility. The two companies announced the $7 billion combination on July 31.

Entergy spokeswoman Yolanda Pollard explained yesterday that the job cuts will come at each of the two companies head offices. "These are corporate administrative and technical support areas," she said. "This will eliminate redundant positions between the two headquarters."

The filings said the job cuts will save the new company about $1.12 billion over the next 10 years. Most of the layoffs will occur shortly after the merger becomes final. The companies expect to close the transaction late next year.

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