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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

Lawsuit Brought By Northeastern States Over Clean Air Changes

LCG, Dec. 31, 2002--Bush administration rules governing repairs or upgrades to power plants and industrial sites are the focus of a lawsuit brought by nine Northeastern states, who say the rules undermine state policies and the Clean Air Act.

The changes, which have yet to be finalized, would be made to the New Source Review program. In connection with the program, the Environmental Protection Agency (EPA) brought numerous lawsuits in 1999, 2000 and 2001 against coal-burning power plants' owners, to the extent that power producers complained that they could not undertake routine maintenance without being told they needed to install new pollution control equipment as well. The group of attorneys general bringing the new suit contend that the rule changes would be so accommodating of modifications and expansions of plants as to encourage more pollution. "The Bush Administration has taken an action that will bring more acid rain, more smog, more asthma and more respiratory disease to millions of Americans," the Attorney General of New York, Eliot Spitzer, said in a statement.

The EPA says that the changes, including the as yet undetermined standards for what modifications would consitute strictly repair and maintenance procedures, will have little impact in either direction on sulfurd dioxide or nitrogen dioxide emissions. One industry representative of investor-owned utilities, the Edison Electric Institute, is waiting to see the entire set of regulations before submitting its views to the EPA. Speaking for a group of coal-fired plant owners, Scott Segal of the Electric Reliability Coordinating Council told the Wall Street Journal, "The Northeast attorneys general reflect a minority opinion, unfortunately demonstrating their desire to address economic competitive concerns rather than environmental protection."

The states involved in the lawsuit, brought jointly at the U.S. Court of Appeals in Washington, are Connecticut, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, Rhode Island, New York and Vermont.
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