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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

Massachusetts Orders Power Plant Clean-up

LCG, April 24, 2001Massachusetts has decided to go it alone in the war against greenhouse gases by placing tough, new emissions rules on six power plants that produce 40 percent of the state's electricity.

The Bay State will become the first state to limit carbon dioxide emissions from power plants under new standards unveiled yesterday by Acting Gov. Jane Swift. The new rules also severely curb emissions of mercury, sulphur dioxide and oxides of nitrogen.

Swift said the new regulations will cut pollutants that cause smog and acid rain by up to 75 percent over the next seven years, but it was the requirement that carbon dioxide emissions be reduced that caught attention, following the decision by the Bush administration to scrap the Kyoto global warming accords.

"He and I, in this case, came to a different conclusion," Swift said of her fellow Republican, as she announced the new regulations which will require power plants to reduce carbon dioxide emissions by 10 percent.

Operators of big Massachusetts power plants said they had not yet had time to study the new rules and would withhold comment. A spokesman for the state's industrial firms, though, said the new standards were worrisome, especially because the plants were already meeting federal clean-air standards.

"There may be unintended consequences," warned Robert Ruddock of the Associated Industries of Massachusetts, such as "a problem with pricing and reliability."

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