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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

Bulgaria to Promote Energy Resources, Market

LCG, Feb. 21, 2002--The Bulgarian cabinet today agreed that within the next three to four years, Bulgaria should focus on stimulating transparent energy markets within the country, and on lowering its requirements for imports of energy.

In a document released by the Council of Ministers Information and Public Relations Directorate, the outline of a national plan highlighted positive economic results that could come from efficiency, and the possible market structure and legal framework that would encourage engineering efforts using efficient technology.

The strategy also suggested that the government should play a diminished role in controlling energy markets, while true long-term costs would be reflected in prices.

Currently, Bulgaria's energy needs are met by importing 70 percent of energy resources. The ratio of energy consumption to national economic output has increased over the past decade, making Bulgaria less efficient than all other Central and Eastern European countries in terms of energy intensity.
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