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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

Dairyland Power Cooperative Buys Share of New Coal Plant

LCG, December 6, 2004--Dairyland Power Cooperative, a regional power cooperative serving customers in Wisconsin, Minnesota, Iowa and Illinois, announced last week that it has purchased a 30 percent share of the planned Weston 4 power plant from Wisconsin Public Service Corporation, a subsidiary of WPS Resources. The additional supply purchase is designed to meet growing customer demands for electricity.

Construction on the 500-MW, coal-fired power plant, located near Wausau, began in October, and operations are planned to commence in 2008. The estimated cost of the plant is approximately $750 million. Dairyland's share would be 150-MW, with a cost of about $225 million. There are also three, existing units at the station that have a combined capacity of 510 MW. The new unit will use low-sulfur coal and state-of-the-art technologies.

The Public Service Commission of Wisconsin (PSCW) approved the 500-MW expansion on September 23, 2004. The project was announced two years ago and submitted to the PSCW a year ago. The new unit is the first project approved by the PSCW under a new law designed to streamline the approval process. The purchase is subject to financing and regulatory approval.

Dairyland evaluated the alternative of constructing a 400-MW coal plant at sites in Iowa and Wisconsin. The Weston 4 alternative can deliver power earlier than the other projects, which are now expected to be placed on hold.

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