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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.

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Industry News

LI-to-CT Cross-Sound Cable Shut Down by DOE

LCG, May 7, 2004--The high-voltage line that stretches across the Long Island Sound, connecting New York with Connecticut, will cease transmitting power, following a Department of Energy decision that a previously issued emergency order allowing flows was no longer justified.

The underwater cable began operations under contentious circumstances, following the power blackout that affected millions last August. According to the Connecticut Attorney General Richard Blumenthal prior its activation, the underwater cable had not been buried sufficiently deeply beneath the bottom of the Sound, and posed a hazard to marine life. The 330-megawatt cable was put in place by Cross-Sound Cable Co. LLC.

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