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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

Florida County May Ban New Power Plants for Year

LCG, May 11, 2001Broward County, Fla., on the east central coast of the state where Cape Canaveral is, isn't sure it needs any new power plants, and the County Commission will consider next Tuesday putting a one-year moratorium on development of new generating facilities.

Deputy County Attorney Sharon Cruz has begun drafting legislation that would freeze new air-quality permits for such plants until April or May of 2002, the South Florida Sun-Sentinel reported yesterday. The moratorium could upset plans by Enron Corp. and El Paso Corp. to build three plants along natural gas lines in the county.

"I'm hoping the moratorium will give us time for the study commission to issue its findings and the county to analyze them, so we can figure out how many power plants we need, if any," saidCommissioner Kristin Jacobs, who requested the legislation. "These plants have not been looked atas a whole. They need to be looked at as a whole."

Enron spokesman Eric Thode said freezing power plant construction could be a mistake. "You could make the case that that's what California's been doing for 15 years, not building a power plant," he said. "And you finally had a point in California where Washington and Oregon and Arizona stopped being able to supply them."

"Not in my backyard" opponents of the plants have circulated petitions, taken out full-page newspaper ads, hired lawyers and packed public meetings.

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