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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

India Makes Utilities Pay Debts

LCG, March 25, 2002-India will make state utilities pay the $8.2 billion owed to the nation's energy companies.

Extensive electricity theft and farm subsidies have left Indian state electricity boards with a expected combined $5 billion loss.

Federal coal and power companies, as well as the railways, all are due money from utilities, and the Indian Power Ministry is taking steps to help utilities pay their debts. Pending cabinet approval, the ministry will issue bonds to utilities and reduce financial assistance to states with bankrupt electricity boards.

Today, as the world's second largest country, India has 100,000 MW capacity, but it plans to have 1 million MW in ten years.

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