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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

Transformer Fire Shuts Down Brunswick Unit 2

LCG, Sept. 22, 2000A fire in the main transformer of Unit 2 of the Brunswick nuclear power plant caused operators of the 820 megawatt reactor belonging to Carolina Power & Light Co. to shut down the facility at 3:46 this morning.

The plant's fire brigade extinguished the fire within 16 minutes, CP&L said, adding that the fire department from nearby Southport was called as a backup but was not needed.

The damaged transformer will require replacement, and the reactor will be taken to cold shutdown as a consequence. CP&L did not say how long it would take to replace the equipment. The company said it reported the incident to the Nuclear Regulatory Commission as an "Unusual Event," the lowest of four classifications used by the NRC for events at commercial nuclear power plants.

Brunswick Unit 1 continued to operate at 100 percent of capacity at the two-unit plant located at Cape Fear on the North Carolina coast.

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