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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

FERC Releases Draft EIS for Jordan Cove LNG Terminal and Pacific Connector

LCG, September 3, 2008--The Federal Energy Regulatory Commission (FERC) staff on August 29 released a Draft Environmental Impact Statement (EIS) for the Jordan Cove Energy Liquefied Natural Gas (LNG) Terminal and Pacific Connector Gas Pipeline 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.

The FERC staff found that construction and operation of the projects would have limited adverse environmental impacts. Furthermore, the FERC staff concluded that the implementation of the applicants? proposed mitigation measures, together with those recommended by FERC staff, would substantially reduce the environmental impact of the proposed projects.

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 1 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 Pacific Connector Gas Pipeline is a proposed 36-inch diameter, 230-mile long pipeline to transport gas from Jordan Cove?s LNG terminal to an interconnection with the existing pipeline systems of Gas Transmission Northwest Corporation, Tuscarora Gas Transmission Company, and Pacific Gas and Electric Company near the Oregon - California border. The Pacific Connector Gas Pipeline, L.P. is a limited partnership between wholly owned subsidiaries of Fort Chicago, PG&E Corporation and The Williams Companies, Inc.

Applications to construct the Jordan Cove Energy Project and the Pacific Connector were submitted to the FERC in September 2007.

The draft EIS for the Jordan Cove Energy Project (Docket Nos. CP07-441-000) and the related natural gas pipeline proposed by Pacific Connector Gas Pipeline, LP (Docket No. CP07-441-000) were prepared in cooperation with the United States Department of Agriculture Forest Service, U.S. Army Corps of Engineers, U.S. Environmental Protection Agency, U.S. Department of Homeland Security, Coast Guard, U.S. Department of the Interior Bureau of Land Management (BLM) and Bureau of Reclamation, U.S. Department of Transportation, and Douglas County, Oregon.

Comments on the Draft EIS are due by December 4, 2008. A final Environmental
Impact Statement is scheduled to be issued February 13, 2009 and a final decision on the Jordan Cove LNG and Pacific Connector projects by May 14, 2009.
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