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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 Public Service Wants 16 Percent More in 2002

LCG, April 13, 2001--Wisconsin Public Service Corp. said yesterday it would ask state regulators to approve new electricity and natural gas rates for 2002. Overall electric and natural gas rates would increase about 16 percent and 4.5 percent, respectively, if the request is approved as is.

"We've done a very good job of keeping our overall rates low," said Bill Bourbonnais, manager for rates and evaluation. "Coming off a particularly difficult winter in terms of bills, we know this increase isn't going to make things any easier for customers. But to continue to provide reliable electricity and gas service, we need to invest in our facilities."

The company said much of the increase will go toward the costs associated with joining the American Transmission Co., created by the state legislature, and with making improvements to the Kewaunee nuclear power plant.

WPS plans to spend $120 million for new steam generators at Kewaunee. That, and other upgrades, will account for 45 percent of the electric rate increase.

"We need to make sure the plant operates smoothly and up to industry standards," saidBourbonnais. "The nuclear industry has seen a significant increase in the level of performance ofplants across the country and Kewaunee has to keep pace with those changing standards. Kewaunee is among the safest nuclear plants in the country. But we can't afford to wait. We need the electricity Kewaunee provides for our customers."

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