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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

Alberta to Expand Provincial Control

LCG, Aug. 22, 2002--Alberta's Energy and Utility Board (AEUB) will have greater authority in deciding rates and market competition policies, according to the provincial government.

One reason for the change is that the AEUB wants to encourage competition among the major utilities and retail marketers, and increase transparency. By next spring, the Alberta Energy and Utility Board will be able to set tariffs for distribution as well as regulated rates for Enmax Energy Corp., the municipally owned Calgary utility, and Epcor Utilities Inc., which is owned by Edmonton.

Another change which has received some criticism as well as praise is the AEUB proposal to allow Epcor and Enmax to sell to customers outside their traditional municipal service territories. Some municipal officials have raised the prospect that existing city customers may pay for expansion outside the cities. In addressing the possible increase in competition the changes will bring, Energy Minister Murray Smith told Dow Jones Newswires, "What this will do is create a template for parties outside of Alberta to look at and see that there is truly a level playing field."

The AUEB is planning for a shift of responsibility for grid administration from ESBI Alberta Ltd. to a nonprofit organization. The new independent system operator is to have have board members from outside government and industry.
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