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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

EU Energy Plan Opens Market

LCG, March 18, 2002-After France conceded, the European Union came to the decision to open energy markets.

Over the past weeks France has been avoiding giving in to pressure from the rest of the EU regarding creating a free market to replace its state-run energy industry. However, France conceded this past Saturday at the EU summit, and European energy markets will be opened to competition.

Officials from pre-election France were hesitant to take up free-market initiatives and were not convinced that competitive markets would improve service. The EU has planned to make decisions sometime this year regarding how governments will protect non-commercial energy supply to the public, an issue France has insisted be addressed.

The EU will allow private gas and electricity companies to operate freely within the 15 participating nations beginning in 2004.

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