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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

Midwest ISO and Southwest Power Pool File Tariff with FERC

LCG, November 5, 2002Midwest Independent System Operator and the Southwest Power Pool (SSP) plan to instate a combined tariff in order to do away with rate pancaking in electricity transactions between service territories.

Midwest ISO, a Federal Energy Regulatory Commission-approved Regional Transmission Operator, and SPP have decided to adopt the combined tariff in order that wholesale energy customers such as utilities will benefit and that the energy markets in the region will be stabilized.
Midwest ISO and SPP assert that the combined tariff will preserve the zonal rate structure, long-term firm SPP service agreements, and states' rates currently on file under the SPP tariff, in addition to eliminating rate pancaking on transactions between the two organizations customers.

The combined tariff currently awaits approval by the FERC.

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