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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

Utilities, Industrials to Invest $2 Billion in Brazil Power

LCG, Dec. 3, 2001--Electricit de France and Tractebel of Belgium, as well as aluminum producers Alcoa and Billiton Metals, said on Friday during the auction of 11 hydroelectric plants, that they would invest about $2 billion in Brazil's power sector.

The companies would add 2,700 megawatts of installed capacity to Brazilian generation resources over the next six years, they said. New power plants would be built in 10 states between 2003 and 2007.

The plan would do little to alleviate the current power shortage in Brazil, but was seen as a vote of confidence in the Brazilian economy. Jose Maria Abdo, head of Brazil's regulatory agency Agencia Nacional de Energia Eletrica (Aneel), said "This is a reflection of investors' confidence in spite of the period of economic instability."

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