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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

Ontario Asks Consumers to Lower Power Usage

LCG, Mar. 3, 2003--A bout of record-setting, low temperatures in the Canadian province of Ontario has led the Independent Electricity Market Operator (IMO) to seek lower power usage by consumers and commercial enterprises.

The request was made on Monday, and extends through 8 P.M. in the evening. The grid operator is issuing the plea due to low levels of reserve power made worse by the weather. If levels fall too low, the IMO might have to implement local blackouts, or risk instability of the transmission network, which could lead to loss of power throughout the system.
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