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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

Bangladesh Scientist Generates Free Power

LCG, Sept. 24, 2001--A scientist in Bangladesh said yesterday he has developed a technology to generate electric power at no cost, according to a report in yesterday's edition of The Independent, a Bangladesh newspaper.

"The system will not require any external fuel and once started the plant will not require any recurring cost," Dr. Abdul Khaleque, a natural scientist, told the global journalists conference on climate change, sea level rise and water management in Dacca.

Not only would the power be free, Khaleque said, the plant to make it would cost only one-fourth what it would cost to build a conventional power plant with the same output. And Khaleque's plant would not cause any adverse impact on the environment, he said.

Free, clean power -- that ought to please both consumer advocates and environmentalists.

Khaleque, a faculty member of London University in England, said his technology was based on some basic principles of science to multiply the force or power, but was sketchy on the details, saying he had submitted his invention for international patent in Geneva, which was expected to record it in next 28 months to be disclosed for commercial use.

But he said that if one megawatt or unit of power was provided in the input of the system, it will generate 10 megawatts in the output and under a built-in mechanism one megawatt electricity would be diverted to the input again continuously for constant running of the plant.

Perpetual motion? Haven't we been here before?

"I am just a scientist," Khaleque explained.

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