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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

NRC Braces for New Nuclear Plant Applications

LCG, April 12, 2001The Nuclear Regulatory Commission is getting ready for a spate of applications from companies wanting to build new nuclear power plants in the United States, a spokesman for an industry association said yesterday.

"We do expect you may begin to see some applications to the Nuclear Regulatory Commission for early site permits perhaps as soon as next year," said Steve Kerekes, a spokesman for the Nuclear Energy Institute.

Under NRC procedures, an application can be made in two or more phases. A developer can ask the commission rule only on environmental and siting issues and not return to those matter when proceeding further into the permitting process.

While the NRC has not issued a new license since 1973, looming electricity shortages coupled with continued concern about emissions from conventional power plants have rekindled interest in the clean-running nukes.

A spokesman for the NRC said "We are taking some steps to prepare for the possibility of new applications," adding that application procedures have also been streamlined. "Before, you had to apply for a construction permit and then an operating permit, those two procedures have now been consolidated."

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