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EIA Publishes Study on High Renewables Growth Impact in WECC Markets using UPLAN

LCG, July 19, 2024 – A working paper published by the U.S. Energy Information Administration (EIA) utilized the UPLAN model to study the impact of high renewables growth in the Western Electric Coordinating Council (WECC) markets.

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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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Industry News

Energy Market May Lead to Mothballing of 16 AEP Texas Plants

LCG, September 12, 2002-American Electric Power, or AEP, may mothball as many as 16 of its Texas power plants in order to ease its financial situation.

The plants, all of which are gas-fired, are located within the Electric Reliability Council of Texas (ERCOT). ERCOT will determine which plants are RMR, or "reliability must run," and the remaining, less-than-vital plants will be pulled off line by the end of this year.

AEP officials say the mothballing is in response to deregulation-related growth in the Texas power industry, which has pushed wholesale electricity prices below AEP production costs. Plant employees affected by mothballing will reportedly assume inactive status and receive severance pay.

The sixteen plants in question, representing some 2,663 megawatts of capacity, are Abilene, B.M. Davis, E.S. Joslin, Fort Phantom, Fort Stockton, J.L. Bates, La Palma, Lake Pauline, Laredo, Lon C. Hill, Nueces Bay, Oak Creek, Paint Creek, Rio Pecos, San Angelo, and Victoria.

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