EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

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

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

Midwest Gen, Union Meet in Strike Talks

LCG, July 17, 2001Official of the International Brotherhood of Electrical Workers and negotiators from Midwest Generation LLC, operator of 12 coal-fired power plants in Illinois, will meet with a federal mediator Thursday, the first indication of a thawing in the three-week old standoff.

IBEW workers walked out at the 12 plants, which account for a quarter of all the electricity generated in Illinois, on June 28 after rejecting a pay raise offered by Midwest Gen. The company countered that the union had demanded work rules changes that would have usurped its ability to effectively manage the plants.

A Midwest Gen spokesman confirmed the talks with the mediator, adding that the company welcomed the opportunity to sit down with the union to resolve their differences. The IBEW has said the company has refused to bargain in good faith. Its members have worked without a contract since April 1.

The 12 plants, seven baseload stations and five peaking plants, were purchased from Commonwealth Edison Co., and ComEd buys their output. Together, they have a capacity of about 9,300 megawatts.

Midwest Generation is owned by Edison Mission Energy, a subsidiary of Los Angeles-based Edison International Inc.

Copyright © 2024 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service