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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

CP&L Plans 525 Megawatt Plant in Georgia

LCG, Nov. 1, 2000--Carolina Power & Light Co. said this morning that it may build a 525 megawatt, natural gas-fired power plant in Effingham County, Ga., northwest of Savannah. The company is serious enough to have taken an option to purchase the necessary real estate.

CP&L said construction is mainly contingent on getting permits and arranging power and fuel hookups. Current plans are for construction to begin during the summer of 2001, with the plant becoming available for commercial operation in June 2002.

CP&L said it would build the plant in two phases. Simple-cycle peaking turbines would go on-line in June 2002 and be converted to combined-cycle operation by the following June.

The Effingham County site belongs to International Paper Co. and is being considered because Savannah Electric Co., a subsidiary of The Southern Co., owns two transmission lines that cross the property and El Paso Energy owns a nearby natural gas pipeline and liquefied natural gas storage facility.

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