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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

North Korea Nuke Experts End Tour of South

LCG, Dec. 31, 2001--A group of 20 North Korean nuclear engineers concluded over the weekend a tour of South Korean nuclear power plants as part of the 1994 agreement between the United States and North Korea under which an international consortium will build two light-water reactors in the North and train hundreds of workers to operate them.

As part of the agreement, North Korea has promised to freeze its nuclear weapons program, which should be easy because at this time of the year, everything freezes between Pusan on the southern tip of South Korea and the Yalu River border between North Korea and China.

We lived in Korea during the winter of 1952-53 -- were camped out, actually -- and it was 30F below zero most of the time.

The engineers, led by Kim Hui-moon, a Cabinet-level official, visited Ulchin, an east coast village where four French-built nuclear reactors are in operation, and Kori on the south-east coast for a tour of four US-built reactors, according to BBC News.

By the end of the coming year, South Koreans will have trained about 290 North Koreans in the operation of U.S. designed pressurized water reactors, which will replace North Korea's Soviet-designed graphite moderated reactors, which produce large amounts of weapons grade plutonium.

North Korean workers, visiting the prosperous south, have seen how 50 years of freedom has transformed South Korea and have demanded higher wages at the North Korean project, delaying it. As its energy crisis has deepened, the North has threatened to abandon the 1994 accord and has demanded that Washington pay compensation for the delays.

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