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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

Cheniere Announces Program for LNG Cargo Nominations

LCG, September 7, 2005--Cheniere Energy, Inc. announced earlier this week the activation of Cheniere's North American LNG Gateway Program by issuing a Request for Proposals (RFP) to sell to Cheniere up to 200 deliveries annually of liquefied natural gas (LNG) for the years 2008 - 2010. Cheniere's program provides global LNG suppliers a means to nominate cargoes into Cheniere's LNG receiving terminals beginning with the Sabine Pass LNG Receiving Terminal that is currently under construction in Cameron Parish, Louisiana along the Sabine-Neches Ship Channel.

The planned Sabine Pass LNG Terminal will receive LNG tankers and vaporize the LNG into natural gas. The gas from the terminal will be transported via the Cheniere Sabine Pass LNG pipeline into the natural gas transmission pipeline network serving much of the Central and Eastern United States. The terminal and related pipeline are designed with a sendout capacity of 2.6 Bcf/day in the first phase, which is scheduled to commence operations in 2008. Construction on the new LNG facility began in March 2005.

In July, Cheniere filed with the Federal Energy Regulatory Commission (FERC) a second phase for the project that would increase the sendout capacity of Sabine Pass LNG Terminal to 4 Bcf/day. According to Cheniere, the expansion could open between 2009 and 2010.

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