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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

Reliant Will Restructure, Change Name

LCG, July 8, 2002--The trading unit of Reliant Energy Inc., Reliant Resources, will become a separate entity, while the parent company will become CenterPoint Energy.

"The companies have different markets, different strategies and different aspirations," said Steve Letbetter, the chairman and chief executive of Reliant Energy. The move represents an attempt to allow the separate businesses better access to capital. Discussions have been ongoing over banks' extending existing credit lines.

The trading unit, Reliant Resources, last week restated $7.8 billion in revenue for the years 1999 through 2001, to offset the inflating effect of round-trip trades, reciprocal trades with other companies in which little or no profits are realized.
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