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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.

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Industry News

California PUC Approves Peninsula Transmission Project

LCG, August 20, 2004--The California Public Utilities Commission (CPUC) yesterday approved Pacific Gas and Electric's (PG&E) proposal to install a new, 27-mile, 230 kV transmission line on the San Francisco Peninsula. The CPUC determined that the project is needed to allow PG&E to reliably meet electric demand in the San Francisco Peninsula. The project will increase the ability to deliver power north into San Francisco and allow San Francisco's aging, Bayview-Hunter's Point Power Plant to be retired. The new transmission line is expected to be in service by mid-2006.

The project will connect Jefferson and Martin substations, which are currently connected by a 60 kV transmission line. The initial plan was to modify the existing towers to add the new line. Community groups objected and a variety of alternatives were considered prior to arriving at the approved project, which includes burying the majority of the new line. To alleviate concerns regarding the impact of EMFs, one of the special conditions is that the new line will be buried to 11 feet in all residential areas and by schools, daycare centers, senior centers, parks, and similar public places. The standard depth for such a cable is five to six feet. The additional depth requirement will increase the cost by about $8 million, or a total of about $230 million.

Additional unprecedented precautionary measures imposed by the CPUC include arranging conductors in a triangular configuration to reduce EMF levels and strategic line placement along the entire route to reduce EMF exposure.

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