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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

Settlement Gives New Energy to Sunflower's Proposed Coal-fired Plant in Kansas

LCG, May 6, 2009--A settlement agreement was announced Monday regarding the construction of a new, coal-fired power plant by Sunflower Electric Power Corporation (Sunflower). Mark Parkinson, the new Governor of Kansas, was central to the settlement that allows Sunflower to build an 895-MW unit at an existing generating station in western Kansas.

The Governor just replaced Kathleen Sebelius, who was confirmed last week as U.S. Secretary for Health and Human Services. While governor, Ms. Sebelius denied an air quality permit for Sunflower's proposed coal-fired unit. Furthermore, she vetoed three measures submitted by the Legislature to overturn the decision to reject the permit. In October 2008, Sunflower filed a lawsuit related to the denial of the air quality permit in the United States District Court, District of Kansas, against the Governor, the Lieutenant Governor, and the Secretary of Department of Health & Environment of Kansas.

The settlement agreement calls for a minimum of 200 MW of capacity of the new unit to remain in Kansas, with electric cooperatives in Colorado and Texas also able to participate in the new unit for the benefit of their customers. Other settlement terms include: Sunflower's retirement of two old, small units that use fossil fuel, and greater use and investments in renewables, including the addition of a new, 179-MW wind farm in Kansas. The Legislature must still incorporate the settlement terms into an energy bill and approve the bill.
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