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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

Talks Between EPA and NJ Utility End in Settlement

LCG, Jan. 25, 2002--Following more than a year of talks between Public Service Enterprise Group Fossil LLC and the Environmental Protection Agency, the New Jersey utility will pay $1.4 million in fines and make improvements at two power plants worth $340 million.

The EPA found that the power plants, in Jersey City and Hamilton, were subject to mid-1990's rules covering coal-fired plants. The agency administrator, Christie Todd Whitman, said the result is "an excellent example of how effective federal and state partnerships in enforcement actions can greatly benefit the environment and assure public health protection."

Following the Bush administration's call in the spring of 2001 for a review of EPA enforcement of the Clean Air Act, lawsuits filed under the Clinton administration were temporarily halted. A week ago, the Justice Department announced that the suits against owners of 51 coal-burning power plants would go forward.

The settlement, which will need to be approved by a federal judge, would mean that PSEG Fossil will cut emissions of sulfur dioxide from the plants by 36,000 tons annualy. Nitrogen dioxide emissions would be cut by 18,000 tons.

Frank Cassidy, PSEG Fossil's president, stated, "coal has been, and will continue to be, the backbone of affordable energy in this country. But technologies exist to burn coal cleanly."
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