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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

Sempra's Cameron LNG Terminal Begins Commercial Operations

LCG, August 5, 2009--Sempra LNG, a subsidiary of Sempra Energy, yesterday announced that its liquefied natural gas (LNG) terminal, Cameron LNG, has commenced commercial operations. Construction on the $850 million project, located along the Gulf Coast in Louisiana,began in August 2005.

Sempra LNG owns all of the Cameron LNG facility and sold 40 percent of its processing capacity to Italy?s Eni S.p.A under a 20-year terminal services agreement.

The Cameron LNG terminal is located about 15 miles south of Lake Charles and is near the Henry Hub. The initial send out capacity is 1.5 Bcf/day, and there is potential for expansion up to 2.65 Bcf/day. The facility includes three full-containment storage tanks (3 x 160,000 cubic meters) and two ship berths.

Following re-gasification at the terminal, natural gas is transported approximately 35 miles via a pipeline to interstate and intrastate pipelines, which can then deliver the gas to markets throughout the Central and Eastern United States.

Cameron LNG received its first LNG tanker on June 21 and the second tanker on June 30. Both tankers delivered LNG supplies from Trinidad.
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