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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

B&W and TVA Purse New Nuclear Reactor Design

LCG, June 11, 2009--The Babcock & Wilcox Company (B&W) announced yesterday its plans to develop a new, scalable nuclear reactor. B&W has notified the Nuclear Regulatory Commission (NRC) that it intends to submit an application for design certification of the B&W mPower reactor in 2011.

B&W received a Letter of Intent from Tennessee Valley Authority (TVA) to start evaluating sites to identify a potential lead plant site. B&W, TVA and a consortium of regional municipal and cooperative utilities executed a Memorandum of Understanding to explore the construction of a fleet of B&W mPower reactors to meet the consortium's need to diversify its power generation assets.

The mPower reactor design is a passively safe Advanced Light Water Reactor (ALWR) that includes an underground containment design to accommodate storage of used fuel for the planned 60-year life of the reactor. The design is scalable in power increments of 125 MW and provides for a five-year operating cycle without refueling.

B&W create a new business unit, B&W Modular Nuclear Energy, LLC, to lead the development of mPower reactor projects. The reactor will be manufactured at existing B&W facilities in North America.
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