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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

Davis Sues to Block 'Grayouts from Gray Davis' Ads

LCG, Aug. 21, 2001--Lawyers for California Gov. Gray Davis went to court yesterday, hoping to put an end to an advertising campaign that give the impression that Davis may have mishandled the state's energy crisis.

In what Davis' critics see could be a threat to freedom of speech, San Francisco Superior Court Judge David Garcia indicated he was inclined to issue an injunction against the ads and declined to dismiss the case when requested to do so by lawyers for the campaigns backers.

At issue is whether the ads are political or not. The messages do not make reference to next year's gubernatorial election or any of the candidates in that election. James Bopp, a lawyer for the American Taxpayers Alliance which backed the ads say they are as assessment of the governor's performance in handling the energy crisis and should be protected by free speech provisions of the First Amendment.

Attorney Joseph Remcho, however, told the court that the Washington, D.C.-based sponsors broke California law by not registering as a political organization and continues to break the law each time the ad runs. "This ad is a classic campaign hit piece," he said.

Under California law, a political organization must disclose in its advertising the names of its financial backers.

"It's the first salvo of the 2002 election," Remcho said. "They can say whatever they want but they have to play the California rules. They have to tell who their donors are. "

The American Taxpayers Alliance, which spent $2 million on the ads, is headed by Scott Reed, a Republican campaign consultant who was campaign manager for presidential candidate Bob Dole in 1996. The organization is registered with the Internal Revenue Service as a nonprofit corporation.

Bopp said in court "If a group cannot criticize a public official because the governor is in a campaign mode rather than a solution mode, then the state of democracy is in peril."

It's the way the public official was criticized that apparently has got under Davis skin. The ad ends with the remark "Grayouts from Gray Davis" and the governor wants to know who is paying for such a scurrilous attack. He suspects it might be the independent power companies he has called "pirates" and "the biggest snakes on the planet earth."

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