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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

Exploding Manholes Disrupt Part of Nation's Capital

LCG, June 14, 2001Morning shoppers in the fashionable Georgetown section of Washington, D.C., were dismayed today, but not surprised, to see at least a half-dozen manholes on M Street, the main street of the upscale area, spewing fire and smoke.

They were not surprised because the same thing happened yesterday and three times in May. In contrast to last month's manhole explosions, the cast iron manhole covers did not fly into the air, but that's not because of decreasing violence within the subterranean chambers.

The old manhole covers were replaced with a new, cutting edge model that is slotted to allow exploding pressures to escape to the atmosphere. The manholes and their contents are owned by Potomac Electric Power Co., or Pepco as the utility is called locally.

At 8:30 PDT today, almost noon in Washington, M Street was closed from Wisconsin Avenue to 28th Street to allow Pepco crews to inspect the cables within the manholes and make needed repairs. The street, a major commute route in and out of the federal district, will be closed throughout this evening's rush hour.

Yesterday, in mid-afternoon, the latest problems became evident when fire and smoke shot from the manholes. Stores and restaurants were evacuated and about 1,500 commercial customers were without power until late in the evening. The same customers are affected by today's problems.

"It's just one disaster after another," Dan Crockett, president of a Georgetown consumers group, told the Washington Post. "It's a frustration for the residents and it's a frustration for the businesses here."

Peter LaPorte, head of the District of Columbia Emergency Management Agency, said "We're all sick and tired of this."

Pepco spokesman Bob Dobkin said "We're trying to do a damage assessment."

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