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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

ComEd, AEP, Illinois Power Join PJM

LCG, June 26, 2002--Commonwealth Edison Co., Illinois Power, and American Electric Power Co. will join the grid operator PJM Interconnection LLC.

The utilities intend to create a for-profit independent transmission company with National Grid USA inside PJM's PJM West, although PJM itself is a nonprofit grid operator.

The four companies signed a memorandum of understanding and sent it to the Federal Energy Regulatory Commission yesterday. ComEd, AEP, and Illinois power will join PJM whether or not the independent for-profit company is finalized.

PJM may become a Regional Transmission Operator, or RTO, if FERC decides to give the grid operator approval.

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