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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

Allegheny Energy May Delay Annual Report

LCG, Mar. 10, 2003--A thorough analysis of prior years' financial statements may cause Allegheny Energy to have to release its 2002 Form 10-K and its annual report after March 31st.

The company has been receiving assistance in looking for financial statement errors from independent accountants while the audit of its 2002 results is being conducted. Allegheny plans to restate its books from the first two quarters of last year, and possibly all results through September 30th, 2002. The cause of the investigation was the discovery of errors in certain business units' calculations.

Allegheny obtained a credit faciity worth $2.4 billion last month, enabling it to avoid filing for bankruptcy. The energy company disclosed last week that chairman, president and chief executive Alan J. Noia would retire following a 34-year tenure. Noia will remain at the company until a successor is selected.
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