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LCG Publishes 2025 Annual Outlook for Texas Electricity Market (ERCOT)

LCG, August 14, 2024 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2025, highlighting the region's rapid transition toward increased reliance on renewable energy resources and battery storage.

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LCG Publishes 2025 Annual Outlook for Texas Electricity Market (ERCOT)

LCG, August 14, 2024 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2025, highlighting the region's rapid transition toward increased reliance on renewable energy resources and battery storage.

Read more

Industry News

AEP to Sell Coal Mines, Buy Fuel for Power Plants

LCG, May 1, 2001American Electric Power Co. Inc. and Consol Energy Inc. said yesterday they had agreed for Consol to buy certain Ohio and West Virginia coal mines from AEP affiliates and sell coal to the big utility to fuel its power plants.

Under the proposed agreement CONSOL Energy would purchase the stock of Windsor Coal Co. in West Liberty, W.Va., Southern Ohio Coal Co. in Wilkesville, Ohio, and Central Ohio Coal Co. in Cumberland, Ohio.

AEP would agree to purchase about 34 million tons of coal from these and other Consol mines through 2008. The coal would fuel several AEP power plants, including the Muskingum River, Cardinal and Gen. James. M. Gavin plants. (A power plant named after Jumping Jim Gavin, the old paratrooper?)

It appears that there is little protection for mine workers in the agreement. The companies said only that "Federal Worker Adjustment and Retraining Notification Act, or WARN, notices will be given toemployees at the three mines. The notices alert them to the potential sale and indicate that theiremployment with AEP would end on or about June 30, 2001 when it is anticipated that the agreementwith Consol would be closed."

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