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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

Bush to Speed Cross-Border Permits with Mexico

LCG, March 9, 2001U.S. Energy Secretary Spencer, in Mexico City for the Fifth Hemispheric Energy Ministers Meeting, said yesterday the Bush administration will speed up the permitting process for electricity ties with Mexico.

Acknowledging the benefits of U.S. Mexican trade in electric power, Abraham said transmission arrangements were among the biggest obstacles. He said he had discussed the permitting process with Mexican Energy Minister Ernesto Martens and with Alfred Elias Ayub, director of the Comisin Federal de Electricidad.

Though Mexico has power shortages of its own, several new power plants in northwestern Mexico are under development with an eye to exporting power to California. One such plant, to be built in Mexicali, 10 miles south of El Centro, Calif., will require permits just to send its power to Calexico, Calif., which is across the street.

Abraham said "We are going to do our best to try to make this process work better, consistent with the goals of having a legitimate permits process." He had said earlier that the Energy Department would issue a permit for a cross-border connection at Brownsville, Texas.

But Abraham pointed out that there was room for lots of improvement within the U.S. If Mexican power were imported into Southern California, it might go no further because of constraints in California's aging transmission grid. He said California's problems have led the administration to take a closer look at the situation throughout the United States.

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