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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 Will Hear Northwest and Western Contract Cases

LCG, September 19, 2002-Yesterday FERC decided that hearings will be held regarding electricity contracts signed by Washington and California utilities.

Federal Energy Regulatory Commission hearings will address contracts made by Sacramento, California and Snohomish county, Washington utilities during the 2000/2001 Western energy crisis.

Utilities assert that Duke Energy and American Electric Power Company charged them unreasonably high prices and that contracts should be modified or rewritten.

Already this year several settlements have been made regarding contracts written during the energy crisis, and a hearing has been planned in order to address contracts written by the California Department of Water Resources on behalf of bankrupt California utilities.

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