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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

EPA Proposal on Mercury Limits Under Review

LCG, Mar. 16, 2004--The administrator of the Environmental Protection Agency (EPA), Michael Leavitt, has told the White House that analyses of an administration proposal to limit mercury emissions from power plants burning coal could lead the EPA to put forth a more stringent set of emission reduction guidelines.

In December, the Bush administration introduced a plan that would allow power generators to buy and sell credits for releasing mercury, similar to the system with sulfur dioxide. Limits on mercury would gradually lower the permissible amount of emissions. Since Leavitt became the EPA administrator, he has been taking part in meetings focused on the possible impact of that proposal, and has begun to evaluate criticisms of it by some environmental groups, state regulators, and a group of doctors that sent a letter to an office of the EPA dealing with children's health issues.

The White House has come out in favor of allowing power plants that achieve reductions before limits make them legally binding to receive credit for the reductions later. Critics of the proposal believe that such a provision would in effect delay the reduction of the ultimate goal of a 70% reduction in mercury emissions for seven, and perhaps as many as ten or more years. The current deadline is set for 2018.

Leavitt has said that the EPA's analysis is not yet finished, and will proceed before any changes are introduced to the original proposal. Coal-burning power plants are a major contributor to mercury emissions, and are thought to make up 40 per cent of the annual total caused by human activity.
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