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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

Bonneville Adds $10 Million to help Migrating Fish

LCG, July 13, 2001--The Bonneville Power Administration said yesterday that it will fund about $10 million worth of projects aimed at helping fish affected by this year's power emergency operations.

The funding is in addition to nearly $19 million in "high priority" projects that Bonneville announced in May to help fish recovery efforts. The agency also left the door open for additional funding pending further review of other projects.

"This has been a terrible year both for fish and power, and it has been a difficult balancing act to ensure a reliable electricity supply and minimize harm to endangered salmon and steelhead," acting administrator Steve Wright. "These projects will help offset the impact to fish of actions we have had to take to preserve regional reliability."

Because of extreme low water and western U.S. energy supply problems, the federal agencies have been forced to suspend spill operations for endangered fish this spring and summer in order to meet the region's energy needs, Bonneville explained. Some water that would have been passed through spillways to help juvenile fish traverse the dams was instead run through turbines to generate electricity.

The agency noted that there was a limited spill program in the spring -- when the bulk of endangered fish travel downstream -- but no spill thus far this summer because of concerns about maintaining a reliable power system.

"With survival levels already down due to low flows, we felt it was important to seek out ways to atleast partially make up for the additional losses caused by reduced spill," said Brian Brown, hydrodirector for the National Marine Fisheries Service.

While the selected projects focus on short-term actions that can be taken this year, it's expected that some of the benefits will continue in the long term and may also help non-endangered species.

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