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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

Reliant Plans 520 Megawatt Pennsylvania Coal-burner

LCG, March 20, 2001Reliant Energy Inc.'s Wholesale Group said yesterday it plans to build a 520 megawatt "clean coal" power plant in Seward County, Pennsylvania. The facility would be built adjacent to the company's existing 120 megawatt Seward coal-burner, which will be retired when the new facility begins commercial operation.

A spokesman for Reliant said the new plant could begin operations as early as 2004 if state and federal permitting processes go smoothly.

The plant will be financed be sale of some $400 million in tax-exempt bonds issued by the Pennsylvania Economic Development Financing Authority, a company statement said. The debt will be serviced from project revenues.

Using clean coal technology, the new plant will burn waste coal as its primary fuel. The announcement of the coal-fired plant comes at a time when soaring prices for natural gas are tarnishing that fuel's image as the fuel of choice for new power plants.

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