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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

CMS in Abu Dhabi Power-Water Plant Deal

LCG, Nov. 20, 2001--Abu Dhabi government officials said this morning that a joint venture between CMS Energy Corp. of the U.S. and International Power plc of Great Britain will join with the Abu Dhabi Water and Electricity Authority in management of a new water and power plant to be built next year in the emirate.

The government Authority will own 60 percent of Shuweihat CMS International Power while the American and British firms will split the remaining 40 percent. The new company, which has been capitalized at 675 million dirhams ($184 million U.S.), will operate and maintain power and desalination operations at the Shuweihat plant for 20 years, the officials said.

The plant will include a natural gas-fuelled 1,500 megawatt power plant and a water desalination facility with a capacity of 100 million imperial gallons (120 million U.S. gallons) per day. Construction on the facility, about 150 miles west of Abu Dhabi city, will start immediately and take a little more than two years.

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