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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

Groundbreaking Imminent for Arizona Coal Generating Plant

LCG, Oct. 21, 2003--Work is scheduled to begin at the Springerville Generating Station on two new coal-fired units with combined capacity of 400 megawatts, according to Tri-State Generation and Transmission Association and Tuscon Electric Power Co. (TEP).

Units 3 and 4 are scheduled to come on-line in 2006, when Tri-State will lease the entire capacity, devoting 200 megawatts to load that will include some anticipated increases in demand in southwestern Colorado and New Mexico. TEP will purchase 100 megawatts through a power purchase agreement. The remaining 100 megawatts will be under contract to Salt River Project, based on a 30-year contract.

Operation of the new units will be undertaken by TEP, which owns and is responsible for units 1 and 2, which are also coal-fired. Deliveries of Powder River Basin coal will be made by way of the Burlington Northern Santa Fe railroad system.

Tri-State is a power cooperative supplying wholesale electricity to 44 consumer-owned cooperatives and public power districts in Colorado, New Mexico, Wyoming and Nebraska. Tuscon Electric Power, the main subsidiary of UniSource Energy Corp. and Arizona's second largest investor-owned utility, serves approximately 360,000 customers in southern Arizona.
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