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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

Restraints against Foreign Uranium Worry Carolinas

LCG, Jan. 24, 2001In a letter to the U.S. Department of Commerce, members of the Congressional delegations of North and South Carolina say that if a petition by U.S. Enrichment Corp., the only American supplier of fuel for nuclear power plants, is granted it could mean higher fuel costs for U.S. nuclear power plants.

More than half of South Carolina's electricity is generated in nuclear power plants, and almost a third of North Carolina's.

In a letter released yesterday, the lawmakers say that if USEC wins its trade complaint against Urenco, a British-Dutch-German consortium, and Eurodif of France it "would only serve to raise costs for utilities and consumers at a time when U.S. energy costs are rising."

The letter was signed by South Carolina Reps. Lindsey Graham and Jim DeMint, both Republicans, and John Spratt, a Democrat. North Carolina Reps. Richard Burr, Sue Myrick and Howard Coble, all Republicans, also signed the document.

The ITC, in a preliminary finding, agreed with USEC that it has been injured or faces the threat of injury from uranium sale by the European companies. The Commerce Department will now consider whether European governments have unfairly subsidized Urenco and Eurodif.

USEC is the world's leading source of enriched uranium fuel for nuclear power plants, but has suffered financially recently from an ill-starred contract to process and sell uranium recovered from Soviet weapons.

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