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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 Judge Rules States Cannot Block AEP from PJM

LCG, Mar. 12, 2004--An Administrative Law Judge with the Federal Energy Regulatory Commission (FERC), William Cowan, has issued an order that aims to speed up the entry of American Electric Power Co. (AEP) into the Pennsylvania-Jersey-Maryland Interconnection (PJM), the mid-Atlantic grid administrator.

The ruling came as a result of earlier conflicts between FERC's interest in having utilities join regional transmission organization and laws passed by Virginia and Kentucky that are intended to block its entry into PJM. The ruling allows the states to file briefs detailing exceptions to the ruling within 15 days. AEP is now scheduled to make a transition to PJM membership by October.

Both Virginia and Kentucky's legislative strategies are based on concerns among regulators and legislators that the inclusion of AEP could raise costs for customers. For its part, FERC feels that open access for suppliers besides established utilities can lower costs.
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