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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 Conference Exposes Transmission Cost Conflict

LCG, November 7, 2002-In a Wednesday meeting, utilities and energy companies disagreed over the method by which transmission upgrades should be funded.

The Federal Energy Regulatory Commission held a day-long conference on some energy issues yesterday, including repairing the nation's transmission bottlenecks.

A FERC study released last year estimated that $12.6 billion would be needed to streamline transmission by constructing new transmission lines.

Energy companies who own plants and sell power assert that new transmission benefits retail customers and should therefore be paid by ratepayers in general via "rolled-in pricing."

Large investor-owned utilities oppose this idea, saying that ratepayers will be forced to pay for energy assets that do not benefit them. Utilities and some utility commissions insist that those who directly benefit from new projects coming on line should pay, whether state consumers, industrial users, or energy firms.

Calpine Corporation also took the opportunity to voice its concerns over unfair practices in transmission control, alleging that some utilities prevented electricity to be sold from its plants even though Calpine's power was cheaper and cleaner.

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