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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

Assessments of Possible Carbon Restriction Impacts Promised by AEP, Cinergy

LCG, Feb. 19, 2004--Two major electric power producers with significant coal generation assets have announced that they will produce reports on planned steps to address global warming concerns, and will likely outline what they see as massive costs associated with such efforts.

In exchange for the promises for such disclosures by American Electric Power Co. (AEP) and Cinergy Corp., shareholder groups that had been prepared to submit resolutions to force such analyses have backed away from those initiatives. In the case of Cinergy, it will undertake its assessment with Mission Responsibility Through Investment Committee of the Presbyterian Church (USA), which had taken part in preparing a resolution. Cinergy and AEP have already pledged themselves to emission reduction targets with respect to a range of "greenhouse gases."

The shareholder groups are hoping that the reports (AEP plans to issue its findings in September 2004) will address operational objectives, possible competitive effects, and social pressures. A previous resolution undertaken at AEP that would have required the company to disclose its financial risk due to emissions-related legislation received just below 27% of votes cast in favor.
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