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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

Reliant in 4-year Power Supply Deal with Co-ops

LCG, Oct. 13, 2000--Reliant Energy Inc. said in a news release yesterday that an unregulated subsidiary has signed a four year contract worth more than $300 million to supply electricity to five distribution cooperatives in Northeast Texas.

Under the contract, Reliant Energy Wholesale Group will begin next May to supply power to Rayburn Country Electric Cooperative, which is headquartered in Rockwall, Texas, just east of Dallas. John Kirkland, a spokesman for the co-op, said Reliant would replace Constellation Energy Group Inc. as supplier.

The Rayburn Country co-op will in turn resell the electricity and services to its five members, distribution co-ops serving more than 120,000 customers in 16 small Texas counties. The local cooperatives are Fannin County Electric Cooperative, FEC Electric Cooperative, Grayson-Collin Electric Cooperative, Lamar County Electric Cooperative, and Trinity Valley Electric Cooperative.

Joe Bob Perkins, president and chief operating officer of the Reliant unit, said "This is a customized, 'full-requirements' package, which includes providing Rayburn more than 450megawatts of firm power, ancillary, and energy services including risk-management products."

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