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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

Corona Gives Up Municipal Utility Dreams For Now

LCG, May 8, 2003The Southern Californian city of Corona has decided to give up trying to buy electricity distribution infrastructure from utility Southern California Edison.

Corona, burnt over what it calls unreasonably high electricity prices, has been trying to start its own, complete municipal utility district. It began establishing a municipality in 2001.

In October the city filed an eminent domain complaint in order to take over power lines and substations currently owned by Southern California Edison. Around the same time, Edison had announced that these assets were not for sale.

City council members decided to withdraw their bid because of legislation pending in Sacramento, Edisons application for rate reduction, and budgetary constraints. The city council voted unanimously to resolve litigation with the utility yesterday.

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