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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

CFTC Sends Subpoena to Avista

LCG, June 24, 2002--The U.S. Commodity Futures Trading Commission sent energy company Avista Corp. a subpoena ordering trading records relating to "round-trip" trades.

Avista has been under threat of losing its trading license, along with three other energy traders: Williams Cos Ltd., El Paso Electric Co., and Portland General Electric Co. The Federal Energy Regulatory Commission warned these companies after an initial order to over a hundred companies to state whether or not they had participated in certain trading practices.

On June 14, Avista said that it did not knowingly participate in manipulative trading during California's energy crisis.

The CFTC has joined FERC, the Securities and Exchange Commission, and the Justice Department in the investigation of the electricity market.

According to Reuters, Avista believes that other companies must have received subpoenas from the CFTC as well.

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