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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

Guilty Plea Submitted in Gas Data Reporting Case

LCG, Dec. 11, 2003--A former El Paso Corp. vice president, Todd Geiger, pleaded guilty today in federal district court in response to charges of false reporting of natural gas trading data to an industry publication.

Geiger's plea covered one count of falsifying data, out of hundreds of falsely reported trades that were alleged in a statement submitted to the court by Assistant U.S. Attorney John Lewis. The data in question was provided to Inside FERC, a publication of Platts, which is owned by McGraw-Hill Cos.

Mr. Lewis said before Judge Nancy Atlas, "We plan to work with Mr. Geiger as we continue our investigation into false reporting to trade journals." Geiger, who is cooperating with investigators, was first indicted last year in the matter of trade data reported in 2001. According to George Murphy, Jr., who represents the 39-year-old Geiger, his client "has documented a number of calls to Inside FERC complaining about fraud and manipulation of the index."
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