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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

Yucca Mountain Nuke Waste Dump Gets Boost

LCG, June 22, 2001--Senate Energy Committee chairman Jeff Bingaman (D-N.M.) said yesterday he would support use of the remote Yucca Mountain waste site if an Energy Department study findsthe site safe.

Bingaman's statement to reporters would seem to indicate that not all Democrats are ready to fall into line behind Nevada Sens. Harry Reid and Richard Bryan in their opposition to the site.

When Democrats gained control of the Senate earlier this month, Majority Leader Tom Daschle of South Dakota declared the Yucca Mountain project "dead," despite some $9 billion in DOE investment in the site.

That money, incidentally, was provided by customers of the nation's nuclear electric utilities through a surcharge on their bills since 1982.

At a breakfast news conference, Bingaman said that if the current safety study of the repository finds the Nevada site safe, it will become the permanent storage place for spent fuel from the nation's commercial reactors. He urged that "the science determine whether we use Yucca Mountain."

Yucca Mountain is the only site being studied for a permanent place to sequester spent nuclear fuel. Legislation enacted in 1982, and twice supported by court orders, required the DOE to begin accepting spent nuclear fuel for storage in January of 1998, a deadline the agency missed.

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