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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

Canadian Stance on Kyoto Still Unclear in Alberta

LCG, Sep. 6, 2002--The Canadian national government's negotiators on the Kyoto climate change treaty are exploring some policy approaches which may have far-reaching impacts in Alberta, the Canadian province with great economic dependence on fossil fuel production.

The Alberta premier, Ralph Klein, has stressed that measures aimed at reducing national emissions to six percent below levels in 1990 would have a strongly negative impact for his province. The strong willingness of prime minister Jean Chretien to sign the Kyoto treaty has recently been linked to Canadian negotiators' stressing national gas sales to the United States as a way to receive credits for reductions. If accepted, such credits could leave 170 out of a total of 240 megatons in Canadian reductions to be achieved in other ways.

Alberta would like implementation to proceed at roughly half the speed now being discussed internationally, with the targets currently envisioned by Europe set for 2012. Klein says that details of the negotiations, particularly arrangements concerning credits, have not reached him.

"We don't know to what extent it will be applied to natural gas. We don't know to what extent it will be applied, if at all, to the development of clean coal technology and the development of electricity. We don't know to what extent it will be applied to the oil industry and the export of oil from this country and this province in particular," Klein told the Edmonton Journal.
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