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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

New Hampshire Plans Legal Action Over New Source Review

LCG, Sept. 3, 2003--The EPA's recently announced changes to rules governing power plants' installation of emissions-reduction equipment will be the subject of a lawsuit by New Hampshire, the state's Attorney General, Peter Heed, has announced.

The lawsuit would be in additon to other pending litigation against EPA's changes to policy on "new source review" before the U.S. Court of Appeals, in the District of Columbia circuit. The new rules would increase the ability of power plant owners to install new equipment at existing facilities without having to also install devices to restrict pollution. Enforcement of the rules has been inconsistent and confusing, many plant owners have complained. Confusion over the implementation of the rules was cited as a problem by a judge in a recent lawsuit the agency brought. The suit nonethless resulted in a ruling in favor of the EPA. They also say it has led them to forego maintenance and modifications for enhanced efficiency on older facilities that they might otherwise undertake.

According to New Hampshire's Heed, "EPA has created a loophole that attempts to legalize what the Clean Air Act prohibits - increased air pollution from outdated industrial equipment. What this rule means for New Hampshire is more air pollution from upwind power plants, refineries and other industries that can avoid modern pollution controls." The rules apply to 17,000 facilities nationally, and could represent significant savings due to companies' ability to avoid additional investment under new source review, in the billions of dollars.
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