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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

German Nuke Shutdown Draws Fire from All Sides

LCG, June 11, 2001A deal between German Chancellor Gerhard Schrder and the German electric industry to phase out nuclear generation in the country was to be signed in Berlin this afternoon, but was drawing fire from both pro-nuclear and anti-nuke interests this morning.

And in the middle, some said the nuclear shutdown would take so long to accomplish that sentiments could change before even one nuclear plant was decommissioned.

Pro-nuclear forces contend that Germany, Europe's most populous state and strongest economy, will be unable to meet its commitments under the 1997 Kyoto global warming accords without nuclear generation of electricity. The generation from the nuclear plants, which provide a third of Germany's electric power, would be replaced by coal- and natural gas-fueled conventional plants.

Anti-nuke activists oppose the deal because there is no hard and fast timetable for the shutdown program.

The agreement between Schrder and four nuclear generators was reached yesterday when the last of the companies, Eon, agreed to the now-watered-down terms.

Eon chairman Ulrich Hartman thinks future German governments will unwind the deal, pointing out that "nothing in life is irreversible." Hartman told the daily newspaper Die Welt "I'm sure that nuclear energy will still play an important role in the future."

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