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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

PPL to Build 540 Megawatt Plant Near Chicago

LCG, April 24, 2001PPL Corp. said yesterday it plans to build a 540 megawatt simple-cycle, natural gas-fueled power plant near the University Park suburb of Chicago, at a cost of about $305 million.

"Increased demand for electricity in many areas of the United States is triggering an urgent need fornew generation sources," said William F. Hecht, PPL chief executive.

The plant will be built in an industrial park with close access to natural gas and high-voltage transmission lines. It will use 12 combustion turbines to produce power and will be equipped with advanced emissions reduction equipment, PPL said.

During construction, the plant will provide up to 150 jobs, the company said. Commercial operation is expected to begin by the summer of next year.

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