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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

Judge Calls for Half Year Delay on Enron Case

LCG, January 7, 2003-Federal Energy Regulatory Commission Administrative Law Judge Jeffie Massey has said an additional six months are needed to come to a decision regarding allegations that Enron Corporation manipulated the California energy market.

The Federal Energy Regulatory Commission, the Justice Department, and the Commodity Futures Trading Commission are investigating Enron's possible part in the Western energy crisis of 2000/2001. While the investigations will result in three separate cases, the agencies have agreed to share data and witnesses.

Judge Massey asserts that the Justice Department has withheld access to witnesses and data and is therefore impeding the investigation. She plans to ask for a six month delay in the hope that the Justice Department will allow more access to important information and people.

The Justice Department has effectively denied the other agencies access to former Enron trader Timothy Belden, who plead guilty last year to conspiracy regarding market manipultion.

Additionally, the Justice Department has a significant number of the records of depositions that were taken by the three agencies together.

If the case is delayed, a decision would most likely be issued by December.

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