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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

Last Pipeline Victim Dies

LCG, Sept. 6, 2000Twenty-five-year-old Amanda Smith, who lost her husband, children and in-laws in a New Mexico natural gas pipeline explosion on August 19, became the 12th fatality of the fiery blast when she succumbed to burns yesterday in a Lubbock, Texas hospital.

Twelve members of two families on a fishing trip had camped along the Pecos River, not far from Carlsbad Caverns, when a pre-dawn eruption of a pipeline owned by El Paso Natural Gas Co. engulfed them in flame. Ten persons were killed outright and Smith and her father-in-law were taken in critical condition to University Medical Center in Lubbock. The father-in-law died two days after the explosion.

El Paso Natural Gas said last month the pipeline had been inspected a year ago and could not explain the cause of the rupture in the 50-year-old conduit. "Pipeline doesn't have a life span as long as it's well maintained," maintained company spokesman Mel Scott.

The federal Office of Pipeline Safety warned El Paso Natural Gas in a letter dated March 27, 1997, that company technicians had not been properly instructed in the operation of an anti-corrosion system that protects buried pipelines from corrosion caused by natural electrolysis.

National Transportation Board investigators say they found corrosion inside the killer pipeline that had eaten half-way through the pipeline wall in places, but added that their investigation could take up to a year to pinpoint the cause of the tragedy.

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