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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

Power Plant Emission Control Could Be Made Voluntary

LCG, March 19, 2002-In documents submitted to the White House Office of Management and Budget, the Environmental Protection Agency (EPA) proposed allowing utilities to voluntarily cut emissions at coal-fired plants.

In a reverse of the Clinton administration's policy of legal action against slow-acting plants, the EPA would not pursue utilities that do not invest in expensive equipment designed to limit emissions.

Instead, the EPA intends to encourage utilities to freely initiate the prevention of excessive air pollution. According to some sources, including the Washington Post, the administration may seek to add more demanding legislation.

The plan also included a "clean-unit exemption," which would give a 15-year break to those plants that have made improvements over the past 15 years.

Many utilities found the old rules unfair and said compliance would require billions of dollars worth of new investment. Environmental groups charge that the EPA's plan is part of a greater trend to minimize protection for land, air, and water, and would exacerbate the negative health affects related to emissions.

The Bush administration says nothing has been finalized yet.

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