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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

Entergy Announces Close of Agreement to Sell Gas-fired Power Plant in Rhode Island

LCG, December 18, 2015-Entergy Corp. yesterday announced that its wholesale generation division, Entergy Wholesale Commodities, has closed on its sale of the 583-MW Rhode Island State Energy Center to Carlyle Power Partners. The agreement was announced in October 2015.

The base sales price for the Rhode Island State Energy Center (RISEC), excluding adjustments, is approximately $490 million. Entergy purchased the plant from NextEra Energy Resources, LLC for $346 million in December 2011.

RISEC is a natural gas-fired, combined-cycle electric generating facility located about five miles from Providence, Rhode Island. The facility entered commercial service in 2002.

Entergy's Chairman and CEO stated, "RISEC has been a good investment for us, and its sale is consistent with our strategy for Entergy Wholesale Commodities - to be disciplined about reducing risk and freeing up financial resources for other opportunities."
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