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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 to Remain Separate

LCG, Mar. 21, 2003--Discussion held since summer of 2001 to merge the Midwest Independent Transmission System Operator, Inc. (Midwest ISO) and Southwest Power Pool, Inc. into one organization have ended with the parties agreeing for now to function as distinct entities.

The decision was made known to the the Federal Energy Regulatory Commission. "While the process has been long and involved, both organizations have benefited through working as a single organization for nearly one year," SPP's president, John Marschewski, said. The CEO and president of the Midwest ISO, Jim Torgerson, agreed that the discussions between the SPP and Midwest ISO have helped them to address issues regarding their common border better than might have otherwise been possible.

Torgerson commented, "The conditions required to close the transaction will not be met in the foreseeable future. As such, it is now best that we focus the attention of our separate organizations on the immediate needs of our respective participants."

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