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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

Outlook Dims for New Coal-fired Power Plant in Florida

LCG, July 6, 2007--A group of community-owned, power entities have decided to suspend permitting activities for the Taylor Energy Center until Florida Govenor Charlie Crist presents the state energy policy. The Taylor Energy Center is a proposed 800-MW, coal-fired power plant to be built in Taylor County, Florida.

The decision was reached following the Florida Public Service Commission (FPSC) decision last month to not approve the coal-fired plant proposed by Florida Power and Light in Glades County and the development of the new goals of Florida Governor Charlie Crist. Earlier this week, while announcing the climate change summit scheduled for next week, the Governor mentioned that the Taylor Energy Center development was on hold.
Governor Crist took office at the beginning of 2007 and has been moving away from the prior state policy of encouraging fuel diversity, especially through the development of coal-fired facilities.

The Taylor Energy Center was to be jointly owned by four electric utilities: Florida Municipal Power Agency (FMPA), JEA, Reedy Creek Improvement District, and the City of Tallahassee. With this coal-fired plant, the utilities planned to serve the growing demand for electricity and to diversify their fuel portfolios, which have tended to rely on natural gas. In September 2006, the utilities filed for a certificate of need determination with the FPSC. The project, estimated to cost $1.5 billion, was scheduled to be completed in 2012.







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