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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.

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Industry News

Equitable to Upgrade Gas System for Orion Power Plant

LCG, Oct. 19, 2000--Appalachian natural gas company Equitable Resources Inc. said yesterday it would upgrade and expand its distribution system in order to provide fuel for a power plant located on Brunot Island in the Ohio River, two miles from downtown Pittsburgh, Pa.

The power plant, acquired by Orion Power Holdings Inc. from Duquesne Light Co., is a multi-unit combustion turbine facility that has heretofore been fueled with oil. Orion Power Midwest, an ad hoc subsidiary, is renovating the 397 megawatt facility, reactivating its combined-cycle capability and converting it to natural gas.

Equitable Gas Co. will install 24,600 feet of 16-inch steel distribution pipe and upgrade four district regulator stations. Upon completion of the pipeline and related facilities, Orion Power will enter into a 10-year gas transportation agreement with Equitable Gas to transport up to 100,000 decatherms per day of natural gas to the site.

Orion expects to have the power plant back on-line by the middle of 2002. Equitable said its new facilities would be in service by April of next year.

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