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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

Davis-Besse Receives Approval for Restart

LCG, Mar. 8, 2004--The Davis-Besse nuclear power plant, situated beside Lake Erie near Toledo, Ohio, may be restarted by FirstEnergy Corp. following an extended shutdown during which the plant's reactor lid was replaced.

The Nuclear Regulatory Commission gave notification of its approval of the restart today, following review of FirstEnergy's confirmation that it would agree to certain conditions for operation of and safety procedures at the facility. According to statements by regulatory officials at a meeting last month, progress had been made at Davis-Besse since an inspection in December reportedly turned up a number of items raising concern.

During the year-long shutdown, FirstEnergy, which was criticized for weaknesses in its management and safety culture, purchased replacement power at a cost of $600 million.
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