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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

FERC to Require Derivative Reporting

LCG, October 10, 2002The Federal Energy Regulatory Commission announced yesterday that certain companies in the electricity industry will be required to release annual reports on derivatives.

Earlier this year Californian officials asked legislators for disclosure of over-the-counter derivative trading, but the pre-Enron request was unsuccessful.

Now FERC has decided that public utilities and pipeline companies will be required to report their derivative values once a year. However, independent and affiliated power and natural gas companies will not be affected by the rule. FERC is still considering whether or not such companies will be allowed to avoid specific regulations.

The new reporting rule will be applied in 60 days.

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