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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

Texas ALJ Recommends Rejecting SWEPCO's Proposed Coal-fired Power Plant

LCG, January 23, 2008--An administrative law judge (ALJ) earlier this week concurred with Texas Industrial Energy Consumers and with the staff of the Texas Public Utility Commission and recommended to the Commission to deny the application for a certificate of convenience and necessity to build the John W. Turk Jr. Power Plant proposed by Southwestern Electric Power Company (SWEPCO). The judge stated that "SWEPCO failed to prove that there is a need for the plant." The Commission is scheduled to consider the recommendation on February 22.

SWEPCO proposed to construct a 600-MW, coal-fired plant in Hempstead County, Arkansas to serve retail and wholesale customers in Arkansas, Texas and Louisiana. The estimated cost of the facility is $1.3 billion. The proposed facility will use ultra-supercritical technology and will burn sub-bituminous, Powder River Basin coal from Wyoming. The project is planned to commence operations in 2011.

The ALJ stated that because SWEPCO's serving wholesale customers is entirely voluntary, the wholesale customers' load should be excluded when determining SWEPCO's projected demand.

In a 2-1 decision last November, the Arkansas Public Service Commission (APSC) granted a Certificate of Environmental Compatibility and Public Need (CECPN) to construct the plant.
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