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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

PG&E Unit Begins Building Big Arizona Power Plant

LCG, May 22, 2001PG&E Corp.'s National Energy Group, an affiliate of bankrupt California utility Pacific Gas & Electric Co., began construction yesterday of a 1,048 megawatt natural gas-fueled, combined cycle merchant power plant on a site 70 miles west of Phoenix, Ariz.

The Harquahala Generating Plant is scheduled to begin commercial operation in mid-2003. According to the National Energy Group, the plant will provide 35 full-time jobs when completed and will spend between $6 million and $7 million annually on local purchases. The facility will also generate more than $10 million a year in local property taxes.

Among those present at a ground breaking ceremony were Maricopa County Supervisor Mary Rose Wilcox and Arizona Corporation Commissioners Jim Irvin and Marc Spitzer. Tom Boren, chief executive of the national Energy Group, presented Wilcox with the first of 11 checks for $50,000 to the Harquahala Generating Community Fund.

Wilcox, in turn, said she was confident that the company would be careful about the environment "in the spirit of good corporate citizenship."

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