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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

FirstEnergy Nuke Restart Planned

LCG, Sept. 22, 2003--The Ohio-based Davis-Besse nuclear plant that was shut in February 2002, and belonging to FirstEnergy, may be restarted in four to six weeks following extensive testing, according to company officials.

Extensive corrosion of the reactor-vessel lid, which went undiscovered during a number of prior inspections, led to the shutdown. Since that time, the loss of the 925 megawatts has impacted the local availability of generation in northern Ohio. Investigators of the August blackout have noted that this put the FirstEnergy service territory in a vulnerable position before another coal-fired unit tripped offline.

Testing has focused on the cooling system for the plant, and operating pressure was gradually increased during procedures last week until difficulty with a valve brought a halt to the test. Lew Myers, FirstEnergy's chief operating officer for the nuclear division, has stated that the cooling system tests are giving promising results. A restart would need to have the approval of the U.S. Nuclear Regulatory Commission.
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