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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

NY Power Plant Plans Cancelled

LCG, May 9, 2002--Today General Electric and Sithe Energies Inc. publicized the cancellation of a joint development near Oswego in upstate New York, citing market conditions.

The Heritage plant would have been a 800 MW natural gas-fired combined cycle and had succeeded in all significant regulatory steps. The construction was postponed to this spring from December, but now the companies say recession and changes in electricity prices make construction economically unfavorable.

The cancellation is just one of a number of power projects that have been cancelled because of changing market conditions.

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