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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

Jordan Cove Energy Project Clears Hurdle for New LNG Terminal

LCG, August 26, 2008--The Oregon Land Use Board of Appeals (LUBA) last Friday denied an appeal that would block the proposed Jordan Cove Energy Project. The LNG terminal is proposed to be built at Coos Bay, Oregon to receive liquefied natural gas (LNG) for re-delivery to the Pacific Northwest and adjacent markets via an expanded interstate pipeline system.

Opponents argued that Coos County?s approval of the permit was not consistent with Coos Bay Estuary Management Plan or state land use requirements, but LUBA did not accept the arguments. Opponents may appeal the decision within 21 days.

The Jordan Cove Energy Project is being developed by Jordan Cove Energy Project L.P., a limited partnership comprised of Fort Chicago Energy Partners L.P. and Energy Projects Development, LLC.

The project design includes a regasification capacity of one Bcf/day, 6.4 Bcf of LNG storage capacity, and plans for an interconnection to the proposed Pacific Connector Pipeline, with a transport capacity of 1 Bcf/day.

The Jordan Cove Energy Project is competing with two other LNG terminals proposed along the Oregon coast and awaiting approval from the Federal Energy Regulatory Commission (FERC). The other two projects are The Bradwood Landing LNG terminal and the Oregon LNG project, both located east of Astoria.
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