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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

Siting of New York City Plant Not Finalized

LCG, Aug. 26, 2003--A power plant that could provide both steam and electricity to New York City and which developer TransGas hopes to build in Greenpoint, Brooklyn, would be better located in an industrial area, according to Michael Bloomberg and some neighborhood groups.

According to a lawyer for TransGas, Sam Laniado, it did not have communications from the city about alternative locations. A spokesman for Mayor Bloomberg, Jordan Barowitz, agrees that New York City needs to address both transmission and generation deficiencies to avert future blackouts. Other blackouts took place in the city in 1999 and 2002.

Bloomberg said that although a power plant has to be built, opposition to siting in residential areas is essentially universal. The city is hoping to have development of the Greenpoint area that would replace old docks and warehouses with housing. Greenpoint, which stretches for about one-and-a-half miles, offers excellent views of the Manhattan skyline, as well as superb transmission access, according to TransGas. Laniado noted that the city would not have final authority in the siting of the plant it plans to build.
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