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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

Science Panel Says Hurdle of Hydrogen Infrastructure is Overlooked

LCG, Feb. 5, 2004--The National Academy of Sciences has found that reduction of carbon dioxide emissions based on new hydrogen-fueled vehicles would require much more research and planning for associated infrastructure, and would only be realized after a "lengthy transition period."

A report issued by the academy indicated that scientific problems remain, and that a plan by the Bush administration to jump-start hydrogen-based transportation is currently "unrealistically aggressive". The panel that wrote the report was headed by Michael P. Ramage, formerly of ExxonMobil.

President Bush has said that he will commit $1.7 billion towards hydrogen research during the next five years. Among the areas that the scientific panel cited as needing more "exploratory" research were hydrogen storage, delivery methods, materials for pipelines and the key reaction, electrolysis, that would release energy for motive power.

Energy Secretary Spencer Abraham said that an earlier report by the National Academy of Sciences had prompted the Department of Energy to increase funds for exploratory research, and that the new report supported President Bush's ultimate goal for hydrogen vehicles.
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