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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

Taiwan Lawmakers in Special Session on Nuclear Plant

LCG, Jan. 29, 2001The Taiwan legislature was called into special session for tomorrow and Wednesday in an effort to confirm the decision by Prime Minister Chang Chun-hsiung to discontinue construction of a controversial fourth nuclear power plant on the island.

However, lawmakers favoring finishing the plant plan to turn the session into a renewed effort to restart construction.

Earlier this month, Taiwan's constitutional court ruled that Chang and his cabinet were wrong to scrap the plant without support of the legislature, but stopped short of calling the action unconstitutional. In its ruling, the Council of Grand Justices said the government should report to the legislature on its decision to halt construction of the plant.

The court said that if the legislature voted against the government decision to scrap the plant, there were three options: Chang could resign, a no confidence vote could be taken against his government, or legislation could be passed requiring that the plant be finished.

The Nationalist Party, which lost the presidential election to the Democratic Progressives in last year's elections, favors completion of the nuclear plant and retains a majority in the legislature.

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