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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

Northwestern Breaks Ground on Montana Power Plant

LCG, Nov. 6, 2001--Northwestern Corp. said it was joined by state and local officials at a ground breaking ceremony yesterday for a 240 megawatt power plant being built near the Missouri River in Great Falls, Mont.

Montana Gov. Judy Martz praised Northwestern's leadership for working with state officials to bring competitively priced power to the state and a boost to the local economy. "Besides the creation of 15 permanent jobs, this project will employ up to 200 construction workers to build this facility and bring it into commercial operation by mid-summer 2002," she said.

Mike Hanson, president and chief executive officer of Northwestern Services Group, said competition is what the plant is all about. "Our project is bringing competition to the state's electricity generation market. This competition is what is driving down prices and will keep them stable for years to come."

The $140 million, natural gas-fueled, combined-cycle facility will offer substantial dispatch flexibility and will be able to generate electricity in a base load, intermediate load and peaking capacity, the company said.

Though the plant will use General Electric's most advanced low-emission systems, Northwestern said it will make sure about 100,000 trees are planted to absorb any carbon dioxide the high-tech pollution controls miss.

Carbon dioxide, which is what puts the fizz in soda pop, is widely blamed for "global warming," which may not be happening. CO2 is also what people and animals exhale. Green plants, including trees, turn it back into oxygen during photosynthesis.

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