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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

FERC to Decide on Nevada Electricity Contracts

LCG, April 10, 2002--The Federal Energy Regulatory Commission (FERC) will begin to determine whether or not Nevada utilities will be able to cancel some pricey contracts it made last year.

Today FERC will set the date for a hearing, possibly coming to some conclusion by the end of May 2003.

Nevada utilities signed some $400 million worth of long-term forward contracts in 2000 and 2001, a period when western electricity prices were very high.

In December of last year Sierra Pacific Resources Corp., of which Nevada Power is a subsidiary, requested FERC to find specific forward contracts unreasonable and therefore up for renegotiation.

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