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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

New York Hospitals Back New Power Plants

LCG, March 21, 2001The Greater New York Hospital Association weighed in on the side of new power plants yesterday in a letter sent to Joseph Seymour, chairman of the New York Power Authority which wants to build 10 small generating stations by this summer.

According to this morning's edition of the New York Daily News, the letter expressed the association's "general" support for additional gas turbine generating units in New York City, fearing possible brownouts and blackouts.

Kenneth Raske, the association's president, took no position on the specific sites identified by the authority, urging it to continue its work with community groups and others to ensure acceptance. "It is not our job to get embroiled in the politics of [choosing sites]," he told the paper.

Lawsuits have been filed in Brooklyn and Queens opposing new power plants in those boroughs and opposition has been expressed in the Bronx and on Staten Island. Opponents say the plants would create pollution in poor, mostly minority neighborhoods.

NYPA spokesman Mike Petralia told the paper "This letter is important because it shows that power issues can have a profound effect on the most vulnerable New Yorkers those in nursing facilities and who need access to health care."

"Hospitals and continuing care facilities are particularly vulnerable in the case of power emergencies," Raske wrote. "Because our members need power 24 hours per day, seven days a week to operate high-technology, lifesaving and life-sustaining equipment, even a short disruption can have a serious impact."

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