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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

Funds Lacking for Power Plant Fuel

LCG, Sept. 6, 2000Tanzania faces an electric power shortage because government institutions haven't paid their electric bills to another government institution, the state-owned Tanzania Electric Supply Co., a senior government official said in Dar es Salaam yesterday.

The official, who insisted on anonymity, said Tanzania Electric needs 20 billion Tanzanian shillings ($25 million U.S.) to purchase fuel for its natural gas-fired power plants over the next four months. The utility hasn't the funds to purchase the gas, he said, because it "is experiencing financial problems."

The financial problems are largely attributable to the Tanzanian government itself. Government institutions are 33 billion shillings ($41.3 million) behind in their electric bills. The official said the government has taken steps to correct that situation.

Tanzania relies on its thermal power plants for about a quarter of its electricity, with hydroelectric facilities providing the rest. But a long-term drought has caused the level of impoundments behind dams to fall and has curtailed the production of hydroelectric power.

Tanzania Electric, which produces about 95 percent of the country's electricity and is also responsible for transmission, distribution and sale, will likely have to institute power rationing without a flood of either money or water.

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