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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

AES May Build 300 Megawatt South San Francisco Plant

LCG, May 22, 2001AES Corp. said yesterday that a subsidiary is in discussions with officials of the city of South San Francisco about the possibility of building a 300 megawatt power plant in the community on San Francisco's southern border.

Today, officials of AES Pacific were to join in a public meeting with officials and business leaders of the city and representatives of the California Energy Commission to test the waters for the power plant.

Despite a desperate shortage of electric supply in comparison to burgeoning demand in California, there has been fierce local opposition to construction of new power plants. The Wall Street Journal once said the problem in the Golden State is worse than "NIMBY," or "not in my back yard."

It's "BANANA," the Wall Street said "build absolutely nothing anywhere near anybody."

There are hopes that South City, which bills itself as "the industrial city," will be immune from that sort of obstructionism.

Kevin DeGeorge, project manager for AES Pacific, said the company was thinking in terms of a peaking facility, fueled by natural gas, but added "Everything at this stage is very preliminary. We want to hear what the public has to say."
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