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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

German Energy Bid May Be Ruled Monopolistic

LCG, May 21, 2002-Germany's E.On wants to buy the majority stake in gas distributor Ruhrgas, but German officials fear the move may threaten competition.

E.On already sits in a dominant position in the gas and electricity market, and experts fear that if the company is allowed to take over Ruhrgas, competition may become significantly compromised. The German Cartel Office has ruled against the sale, finding it monopolistic.

E.On says the takeover will initiate new jobs and ensure gas supply without endangering the free market. The company would realize a majority stake by purchasing from BP and Bergemann GmbH.

The Ministry of Economics will rule whether or not to overturn the Cartel Office decision by an unspecified date in July.

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