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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

France's Financial Minister Makes a Move Toward Privatization

LCG, July 17, 2002-The French Ministry of Finance has asked banks to advise on the sale of 13 state-owned companies, which include gas and electricity companies.

Prime Minister Jean-Pierre Raffarin made a promise to sell state assets, and in support of his assertion two tenders have been issued for banks for advice on privatization. Finance Minister Francis Mer hopes to see the process of privatization begin this August.

The first tender involves the sale of parts of gas giant Gaz de France and state electricity company Electricite de France.

The banks have until the end of this week to give gas and electricity privatization recommendations; the second tender, relevant to other state-owned companies, has a deadline of next week Monday.

Some French organizations have denounced the plans for privatization, including one of France's major trade unions, Confederation Generale du Travail, which asserts that the Ministry had not conducted proper consultations before going ahead with privatization.

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