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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

California Utilities Told to Shed Load Under 'Stage 2 Emergency'

LCG, Dec. 5, 2000--California's investor-owned utilities were directed yesterday afternoon to curtail power deliveries to customers with interruptible contracts as the state's reserves of electricity fell below 5 percent, triggering a "Stage 2 Emergency."

At the same time, the utilities and the California Independent System Operator called on all customers to immediately reduce electricity consumption.

Pam Bass, Southern California Edison Co. senior vice president for customer service, said late yesterday afternoon "If power does not decrease soon, it will be necessary to begin shutting off power for blocks of customers. Everyone needs to cut their use of power now to avoid forced outages."

Pacific Gas & Electric Co. said part of the problem was caused by a transmission outage in the southern part of its service territory, near Bakersfield. When some wires went out, a power plant shut down to protect itself.

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