ERCOT 2019 Summer Quarter Outlook

LCG, May 29, 2019-- LCG released a new summer (June – September 2019) report that looks at how the ERCOT grid copes with strained network conditions. Resource adequacy analysis for the region is especially important during extreme summer loading conditions. This summer the network is under particular scrutiny as the reserves have tightened because of recent retirements.

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South Field Energy Breaks Ground for 1,182-MW Power Plant

LCG, May 16, 2019--South Field Energy LLC announced yesterday its groundbreaking for an 1,182-MW, combined-cycle electric generating facility in Columbiana County, Ohio. The natural gas-fired facility is scheduled to commence operations in mid-2021 and represents a $1.3 billion investment.

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Industry News

FERC Draft Gives Buccaneer Pipeline Eco-okay

LCG, Sept. 1, 2000The Federal Energy Regulatory Commission has concluded in a draft environmental impact statement that an offshore natural gas pipeline from Alabama to Florida would have limited adverse environmental impact and would be an environmentally acceptable action.

The proposed Buccaneer Gas Pipeline, a joint venture between Duke Energy Corp. and The Williams Cos., would extend about 675 miles across the Gulf of Mexico, transporting gas to Florida which is expected to suffer a shortage once new independently-owned gas-fired power plants are permitted to be built in the state.

Frank Ferazzi, a Buccaneer senior vice president, said the company was committed to build the pipeline "in a responsible, environmentally sensitive manner."

The venture expects to receive final approval from FERC later this year. "The last piece of the puzzle we are now seeking is a final Environmental Impact Statement, followed by a FERC Certificate of Public Convenience and Necessity," Ferazzi said in a statement.

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