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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

Some Creditors Allowed Second Vote on PG&E Bankruptcy Plan

LCG, Sep. 23, 2002--Following a vote tally on competing bankruptcy reorganization plans for Pacific Gas & Electric, U.S. Bankruptcy Judge Dennis Montali will allow some rank-and-file creditors to re-cast their votes.

While the recent vote was found to be in favor of the utility's plan, a revised version of a plan developed by the California Public Utilities Commission was supported by the official creditors' committee. Montali has agreed to allow a re-vote in some cases, but has not yet determined which creditors will be permitted to cast new ballots.

The method by which the voting would take place, or at what date, was not announced. Meanwhile, a trial to determine the legality and practicality of each plan will go ahead beginning on Nov. 12.
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