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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

AEP Lays Off Coal Miners in Ohio, West Virginia

LCG, Jan. 15, 2001American Electric Power Co. said Friday it would lay off 370 miners at its Central Ohio Coal Mine and its Windsor Coal Mine in West Virginia.

The two mines produce high-sulphur coal, which is not easily used because of U.S. emissions standards. The company said in March 1998 that the Ohio mine would be closed and announced its plans to shut down Windsor in July 1999.

Last August, AEP said it was seeking to sell both mines because their operating costs had become too high, and had engaged Rothschild, investment bank, to handle the sale. Charles Ebetino, a senior vice president, said "Efforts to sell the mines will continue, and the sales process is progressing."

The 145 employees laid off at the Ohio mine represent 97 percent of its workforce and the 225 laid off at Windsor 96 percent of its workforce.

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