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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

Easily Recoverable Appalachian Coal Expected to Last 20 Years

LCG, Mar. 29, 2002--A study conducted by the U.S. Geological Survey over six years concludes that 11 percent of the substantial coal reserves in Appalachian states can be recovered economically with current technology.

Technological advances have increased the amount of recoverable coal, but Leslie Ruppert, who led the study, said that the coal accessible to mining using present techniques may be exhausted within two decades. Beyond the 7.3 billion short tons considered recoverable, Ruppert said, "today, it is coal quality, and not coal quantity, that controls coal pruduction in the Appalachian basin." Of the coal that is not economically viable today, disadvantages include high sulfur content, and seams that are thin or deep underground.

Bill Raney, with the West Virginia Mining Association said, "right now, we're mining coal seams we passed over years ago. I've got a lot of hope in technology." Raney said that the value of coal would impact the amount recovered. Northern Appalachia coal that is high in sulfur content cannot be used under clean air standards, but funding for clean coal technologies that might allow burning of higher sulfur content coal is being considered by Congress.

Approximately 40 percent of national coal production is located in the Appalachian basin, and coal is used to produce about half of national electric generation.
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