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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

China Plans to Split State Power Corporation

LCG, March 8, 2002-Yesterday Chinese ministers announced plans to redistribute many State Power Corporation electricity-generating and transmission assets to new competitive power-generation organizations.

Officials expect assets to form five regional companies, not including the southern provinces. The State Power Corporation will maintain controlling shares, although State Planning Commissioner Zeng Peiyan said that power producers should compete with one another and will be supervised by an as yet unformed committee. Foreign companies would be able to retain current contracts or form new ones.

Zeng also commented on China's economic growth rate, which has stayed at 7 percent for two months, exceeding expectations.

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