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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

Entergy Plans 360 Megawatt Peaker at NY Nuke Site

LCG, Nov. 14, 2001--Entergy Corp. said yesterday it would build a 360 megawatt natural gas-fueled peaking power plant on the site of its newly-acquired Indian Point nuclear complex in Buchanan, N.Y.

Entergy said the proposed project requires "Article X" approval by the New York State Public Service Commission, a process that takes about two years. After permits are received, the facility will take up to a year to build, so commercial operation is planned for 2004.

"We're planning public information meetings for later this year and we will be announcing the dates very soon. We're very interested in hearing from the community," said Mike Kansler, senior vice president and chief operating officer of Entergy Nuclear Northeast.

Entergy said the plant will consist of eight 45 megawatt gas turbines and "will use state-of-the-art technology to achieve low emission levels." The peaker will be placed on four to six acres of the 200-acre Indian Point site and will not require removal of trees, use of Hudson River water or impact the safe operation of the Indian Point nuclear power plants, the company said.

Natural gas for the turbines will come from the existing Algonquin interstate gas pipeline, which now runs through the Indian Point Energy Center property.

"The installation of this facility at Indian Point, an existing electrical generating site, will have minimal visual and environmental impact, and will help area residents meet their electricity needs when demand for power reaches its highest levels," Kansler said.

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