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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

French Utility Encounters Adversity in Heat Wave

LCG, Aug. 11, 2003--The French utility Electricite de France said today that it could be forced to counteract disruptions to its normal provision of power services, due to a lack of cooling water for its generating plants, and possible line failures underground due to heat.

"The situation deeply affects the coal, fuel, nuclear power output and hydropower production of EdF, which needs water to function," a statement read. It called the ongoing heatwave the source of potentially "serious and significant consequences on French electricity."

EdF has put in place mobile generating units for customers who might lose access to large generators should lines fail. The temperatures observed have gone up throughout August, while the utility had to shut a coal-fired plant outside of Paris because of insufficient cooling water.

National power production has been supplemented by purchases from outside the country, and power prices set a record today.
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