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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

Entergy, NYPA Close Sale of Indian Point 3, FitzPatrick

LCG, Nov. 22, 2000--Entergy Corp. and the New York Power Authority yesterday closed the sale ofNYPA's two nuclear power plants, Indian Point unit 3 in Buchanan, N.Y., and the James A. FitzPatrick plant near Oswego, N.Y. The two organizations announced the deal last March.

Entergy said in a statement that the acquisition is its largest yet in its nuclear growth program and, at $967 million, is the highest price yet paid for nuclear assets in the U.S.

Entergy Nuclear Northeast now has three plants to operate. Entergy purchased the Pilgrim NuclearStation at Plymouth, Mass., in July 1999 from Boston Edison Co. in the first sale in the U.S. of anuclear power plant in a competitive bidding process.

With Indian Point 3 wrapped up, Entergy will now pursue its acquisition of Indian Point 2 and the mothballed Unit 1 from Consolidated Edison Co. of New York, and hopes to close that transaction by next summer. Con Edison is replacing the steam generators in Indian Point 2 and hopes to have the plant running by the end of the year.

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