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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

Wisconsin Okays More Dry Storage for Point Beach Nuke

LCG, March 14, 2001--The Public Service Commission of Wisconsin voted 3-0 yesterday to approve a request by Wisconsin Electric Co. to build and load additional dry storage containers for used fuel at the company's Point Beach nuclear power plant.

The additional storage will provide enough capacity to allow the plant's two 525 megawatt reactors to continue operating through the expiration of their licenses in 2010 and 2013.

Wisconsin Energy Corp., parent holding company for the utility, pointed out that the U.S. Department of Energy has failed to comply with federal law that requires it to remove the used fuel from Point Beach and other reactor sites, and to dispose of it in a geologic repository. The government's inaction forced the company to resort to dry storage.

In its approval, the commission noted that all conclusions support the company's contention that shutting down the plant would be substantially more expensive than continued operation.

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