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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

Cal-ISO Appoints Itself Power Plant Watchdog

LCG, Nov. 30, 2001--The California independent System operator, which has had trouble explaining its role to the Federal Energy Regulatory Commission, has decided to appoint itself watchdog for power plant maintenance and availability in California.

Cal-ISO's board of governors decided yesterday that the agency should set up strict maintenance standards and an enforcement program to make sure owners keep their power plants in good shape and able to deliver electricity whenever the ISO says to do so.

Cal-ISO will have to ask FERC's approval to begin the program next spring.

Power producers and possibly FERC could find objectionable a part of the Cal-ISO plan that would permit it to conduct "surprise" inspections of power plants to make sure maintenance routines are being followed. The cops can't inspect your home without a warrant.

The maintenance standard would be based on records kept by the state's three investor-owned utilities when they owned the plants.

"If you bought a used car, you'd sure like to get the maintenance records and the owner's manual with it," said Phil Pettingill, manager of transmission facilities for the ISO. The analogy won't wash.

If we bought a used car, we'd like the maintenance records and the owner's manual, but we wouldn't share them with a state bureaucrat who wanted to tell us when to drive the car.

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