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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

Emissions Reductions Goals Surpassed by Pennsylvania

LCG, Apr. 19, 2002--Pennsylvania utilities and industrial sources of emissions have cut releases of nitrogen oxide (NOx) more than is required by the Clean Air Act, achieving cuts in part through participation in a regional emission allowance trading program, according to the Pennsylvania Department of Environmental Protection.

According to DEP Secretary David E. Hess, NOx emissions in 2001, at 85,191 tons, are 59 percent below their 1990 levels. An emissions trading program among Mid-Atlantic states, including Pennsylvania, Connecticut, Delaware, Maryland, Masachusetts, New Hampshire, New Jersey, New York, Rhode Island and the District of Columbia, operates from May through September. Individual allowances, representing the right to emit one ton of NOx, are assigned to generators and other industrial emissions sources, and can be bought, sold or retained for the future.

Emissions controls installed at generating facilities have contributed to reductions. The Homer City Generating Station in Indiana County is one facility that has made such modifications a year in advance of a legal deadline.

The overall reductions among the Mid-Atlantic states have brought annual emissions measured by the trading program from 473,011 in 1990 to 183,283 tons in 2001. NOx contributes to the formation of ground-level ozone, which can exacerbate breathing problems in vulnerable segments of the population.
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