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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 Considers Decommissioning 1,700 MW Within a Year

LCG, September 24, 2002-The California Independent System Operator may shut down as much as 1,700 megawatts worth of old power plants.

Because older power plants produce more pollution, they must be retrofitted to meet new emissions standards. The cost of such alterations may be too high to warrant the continued operation of some older Californian plants, according to the ISO, and the grid operator may shut down plants as soon as next summer.

Choosing which plants to close will be a difficult process, considering that California does not suffer from a glut of generators and can ill afford to decommission plants offhandedly.

The ISO has not announced which plants it will consider decommissioning.
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