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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

Peabody and ConocoPhillips Announce Kentucky Coal Gasification Project

LCG, December 18, 2008--Peabody Energy Co. and ConocoPhillips announced Tuesday a proposal to develop a coal gasification facility in Kentucky at a site previously targeted by Peabody for the Thoroughbred Energy Campus, a 1,600-MW, coal-fired power plant. An air permit application for NewGas was filed on Monday with the Kentucky Division of Air Quality.

With the announcement of the new gasification project, Kentucky NewGas, Peabody withdrew its air quality permit application for the Thoroughbred Energy Campus. A Peabody spokesperson stated, ?Given all factors under consideration, we believe that our coal-to-gas project would create the highest value....This project has multiple markets and uses for the product, including residential consumers, industrial customers and power plants."

The Kentucky Division of Air Quality expects the environmental review to require one to two years. Given an approved air permit, the companies will then determine whether or not to continue with the project. The construction period for the project is estimated to require four years.

Peabody has battled opposition from environmentalists regarding the Thoroughbred Energy Campus and the associated air permit for some time.
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