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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

Long Lag Time in Detection of Reactor Vessel's Corrosion

LCG, Apr. 5, 2002--A report released by the Nuclear Regulatory Commission has concluded that corrosion at the Davis-Besse nuclear plant owned by FirstEnergy, and located east of Toldeo, Ohio, should have been found four years ago.

Damage to a steel cap covering the reactor vessel was caused by the release of boric acid, resulting in a 6-inch hole. A layer of steel three-eights of an inch thick that was not affected by the acid prevented the hole from reaching the whole way through. A FirstEnergy vice president, Howard Bergendahl, said "we could have and should have found it in earlier inspections." The corrosion was discovered in February during refueling of the plant.

The report by the NRC was made public at a local meeting at Oak Harbor, on Lake Erie, at which some within hundreds of residents in attendance expressed vocal opposition to the plant.

Boric acid is created during nuclear fission. At Davis- Besse, 69 control rods absorb excess neutrons from the reactor core and are themselves contained in tubes, within which cracks had occurred. All operators of pressured water reactors in the United States will need to report to the NRC on the structural soundness of reactor heads at their facilities.

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