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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.

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Industry News

Southern Company Announces Combined-Cycle Operations

LCG, Oct. 2, 2003--A 630-megawatt gas-fired combined-cycle unit near Orlando, Fla., has begun operating, according to Southern Company, which developed "Stanton A" with the Orland Utilities Commission (OUC), Florida Municipal Power Agency (FMPA), and Kissimmee Utility Authority.

Southern Company, the owner of four major Southeastern electric utilities, was responsible for the design and construction of the facility, while the portion of output of Stanton A it owns has been purchased by OUC, KUA and FMPA. OUC owns almost one-third of the output. The general manager and CEO of OUC, Bob Haven, said that OUC will retain the ability to purchase more than what it purchases currently. "This additional capacity will help OUC maintain the reliability our customers expect."

OUC, a municipally owned utility for Orlando, is the second-largest municipal electric utility in the state of Florida, with a customer base of 190,000. FMPA, owned by 29 municipal electric utilities, retains power generation and furnishes services for municipal utilities. KUA provides electric, water and Internet services to 61,000 customers spread across five counties in Central Florida.
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