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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

FAA Clears the Air -Private Planes Banned over Nuclear Plants

LCG, Oct. 31, 2001--The Federal Aviation Administration yesterday banned private planes from flying near nuclear power plants "for reasons of national security" following a warning of possible new terrorist attacks by Attorney General John Ashcroft.

Warren Morningstar, a spokesman for the Aircraft Owners and Pilots Association, observed that "a small, general aviation aircraft is not a significant risk to a nuclear facility," and said that the ban could shut down municipal and other small airports located near nuclear plants.

"On the other hand," he added, "we also have to accept that there are serious national security threats, and we will do our best to protect the nation and keep people safe."

Commercial flights will not be affected, even though it was three regularly scheduled jetliners that were used to attack the World Trade Center and the Pentagon on September 11. Also exempt are aircraft on medical, firefighting, law enforcement and rescue operations, but they will have to be cleared by air traffic controllers.

Though Yankee Stadium isn't a nuclear power plant, the home of the Bronx Bombers was placed on the restricted airspace list during all World Series games played at the House that Ruth Built.

In order to approach within 34 miles of John F. Kennedy International Airport in New York, or within 20 miles of Logan Field in Boston or Reagan Washington National Airport, private pilots will have to file flight plans with the FAA.

U.S. Transportation Secretary Norman Y. Mineta responded to Ashcroft's warning by ordering trucking, aviation, railroad, shipping and other firms to maintain a high level of security.

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