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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

Newsmakers

Richard E. Terry, the chairman and chief executive officer of Peoples Energy, will retire effective August 1. He will be succeeded by Thomas Patrick, now president and chief operating officer. Patrick will continue as president upon the transition. Terry will have completed a 30-year career with Peoples Energy, having originally joined the legal department and served for over 11 years as chairman and CEO. Patrick, who has been with the company for 26 years, oversaw the company's utility subsidiaries and managed regulatory affairs and gas supply until 1998.

CMS Energy has promoted Michael VanHemert to the new position of vice president and secretary of CMS Enterprises, the diversified energy business unit. He will manage CMS Enterprises' corporate secretary activities as well as CMS Energy's investor services and corporate records areas. He will continue to serve as deputy general counsel of CMS Energy, in which position he is responsible for financing and securities matters.

Gary Cardone is resigning from Dynegy Europe, to take leave of absence for an undetermined length of time. Cardone was responsible for initiating gas trading in Britain when he helped create British Gas' energy trading division in 1994.

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