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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

New Jersey Group Continues to Fight BG&E Choice Plan

LCG, Oct. 30, 2000--A New Jersey-based group claiming to represent energy marketers seeking to sell electricity in Maryland said on Friday it will continue its opposition to a customer choice plan agreed to in a settlement between Baltimore Gas & Electric Co., the Maryland Public Service Commission and numerous "intervenors."

The Mid-Atlantic Power Supply Association of Ramsey, N.J., said it will appeal a September 21 ruling by Judge Albert J. Matricciani of the Maryland state Circuit Court for Baltimore City that affirmed the June 1999 agreement between BG&E, the commission, various other state agencies and a number of consumer and business associations.

The agreement would have allowed the utility to begin offering its electric customers the opportunity to choose alternative suppliers beginning June 1 of this year, with a guaranteed rate cut thrown in.

Mapsa claims that the settlement was backed only by "associations representing commercial and industrial customers," but last month Frank O. Heintz, BG&E chief executive, pointed out that "one of (Mapsa's) out-of-state members already has signed more than 100 large retail electric customer accounts here in Central Maryland."

The Baltimore City Court was the fourth or fifth venue in which Mapsa has attempted to upset BG&E's applecart. You can either commend the group for its tenacity or regard it as beating a dead horse.

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