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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

Wind Power Tax Cut Extended

LCG, March 12, 2002-Legislation signed Saturday gives power producers a two year extension on a wind energy tax cut, the Production Tax Credit(PTC).

Applauded by the U.S. wind power industry, the tax cut will hopefully support further growth in wind power, which has stagnated after a year of record growth in 2001. The cut affects about $3 billion in wind energy projects, $1.7 billion of which were installed last year.

Trade groups say that inconsistent legislation has set U.S. wind energy behind that of Europe but hope to bring wind energy from 0.5 percent to 6 percent of total U.S. energy production by 2020.

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