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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

CA Assembly Passes 2006 Retail Choice Bill

LCG, June 5, 2003-The California Assembly passed Bill 428, which aims to permit electricity consumers to pick suppliers outside of their prescribed utilities.

According to the bill, which passed 67 to zero, retail electricity customers using over 500 kilowatts would be allowed "Retail Choice" or direct access by 2006. This deregulatory action was initialized several years ago but was suspended in September 2001.

The bill would also let residential customers buy power directly from renewable resources beginning in 2006.

Keith Richman, a Republican assemblyman from Granada Hills, sponsored the bill.

A similar but less detailed bill in the Senate also aims to give direct access. This measure, Bill 888, passed the Senate Appropriations Committee on Wednesday by a weaker, seven to five vote, and goes to the floor today.

The Assembly bill will probably go to the California Senate Energy committee in less than 2 months.

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