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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

Bush Administration Suggests Federal Sites for Nuclear Power

LCG, Feb. 19, 2002--As part of a long-term energy policy plan, the Bush administration named three sites under federal ownership as possible locations for new nuclear power plants that it hopes will be built by 2010.

Two companies, Utilities Exelon Corp. and Dominion Resources, are currently looking into numerous potential locations for nuclear power plants. Any nuclear power plant built by the companies would be the first built in the U.S. in over two decades.

The administration named three facilities, including an Energy Department engineering laboratory in Idaho, a nuclear weapons plant in South Carolina, and a uranium re-processing center in Ohio. Energy Secretary Spencer Abraham said in a statement, "each of these sites has the right physical characteristics, experienced workforces and supportive local communities to make a nuclear plant project a success."

An Energy Department recommendation that nuclear waste be shipped from nuclear plants throughout the country to Nevada was given formal backing by President Bush on Friday. According to a report issued by an advisory panel, a new nuclear plant would need to be ordered by a utility in 2003 in order to be operational by 2010.
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