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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

Construction Expected for Southern New Mexico Merchant Power Plant

LCG, Jan. 10, 2002--With the issuance of an air quality permit anticipated later this month, construction should commence on an 80-megawatt, natural gas-fired power plant in Lorsdburg, New Mexico.

PNM Resources' subsidiary, Public Service Company of New Mexico reached an agreement with Lordsburg's city council that $60 million worth of industrial revenue bonds will be issued to aid in the financing.

The Lordsburg facility should begin operations in July of this year, when it will sell its output into the wholesale power market. The other, most recent new plant introduced by PNM in November, 2001, is a 135-megawatt plant near Las Cruces, New Mexico, which is now under construction.

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