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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

Gas Prices Provided by Williams for Indexes Were False

LCG, Oct. 25, 2002--Natural gas traders for Williams Cos. reported false gas trades to industry publications, Williams announced today following an investigation into the matter.

The Commodities Futures Trading Commission is currently investigating the circumstances under which the false reporting by some traders took place, with the cooperation of Williams. A survey of anonymous traders is made by publishers of price indexes, which are used in many contracts to determine the terms of settlement. Dynegy and American Electric Power indicated last week that the prices of some trades reported to Platts, a McGraw-Hill Cos. division, had been false.

Williams does not report trading information to industry publications at present, following its significantly reduced emphasis on trading operations. The company is now trying to improve its liquidity through asset sales.
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