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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

CA ISO Wants District Court to Dismiss FERC's Governance Suit

LCG, September 17, 2002-The California Independent System Operator has asked a U.S. District Court to dismiss a lawsuit brought against it by FERC regarding replacing ISO board members.

As a part of the continuing difference of opinion over energy market control between sederal and state agencies, the Federal Energy Regulatory Commission sued the California Independent System Operator August 16 after the ISO board neglected to replace itself or file relevant information with FERC by FERC's deadline of August 15.

The ISO and the governor, as well as California Attorney General Bill Lockyer, find the FERC order to be an inappropriate "power grab" by FERC, and the ISO now says that the U.S. District Court of the District of Columbia has not been shown to have jurisdiction in the case.

On Friday the ISO requested that the federal court drop FERC's lawsuit.

Governor Gray Davis appointed its five members to the California ISO board in January of last year. The ISO is responsible for reliability of electricity transmission in California.

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