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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

Alberta Minister Seizes on Russian Stance on Kyoto

LCG, Sept. 30, 2003--The Alberta Environment Minister Lorne Taylor found some accord with remarks made by Russian President Vladimir Putin that indicated some doubt as to whether the Russian government should ratify the Kyoto accord on climate policy.

Russia represents 17 per cent of the emissions represented by possible signatories of Kyoto, while voting equivalent to 55 per cent of the emissions represented is required for the treaty to go into effect. This gives Russia the ability to derail the climate accord if it fails to ratify it. Taylor expressed the opposition of some Alberta industry representatives and government officials to what they see as economic fallout from Kyoto, given that Alberta depends heavily on energy resource extraction. According to Taylor, who spoke to the Edmonton Journal from the five-day World Cimate Change conference, Putin "very clearly said exactly what Alberta's been saying, we'd better understand the mechanisms and the effects on the economy before we rush forward with ratification."

Taylor will discuss possible ways to reduce emissions without Kyoto when he meets with governors in energy-rich areas of Russia. Environmentalists, as well as Canadian Environment Minister David Anderson, voiced some confidence that Russia will vote to ratify the treaty, and attributed Putin's remarks that warmer temperatures "would not be scary, maybe it would be good," to political posturing before upcoming parliamentary elections. Putin said, "A decision will be taken when this work is finished."
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