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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

Nigeria Generation Approaches 3000 Megawatts

LCG, Sept. 8, 2000-Nigeria's state-run National Electric Power Authority is on target to reach its target of 3,000 megawatts of electric power generation by the end of this year, the Africa News Service reported yesterday.

Current production of electricity in the West African country is currently is about 2,000 megawatts and peak demand is said to be 2,470 megawatts. Four months ago, production was only 1,400 megawatts and the Authority caught most of the blame.

Earlier this year, President Olusegun Obasanjo, the first freely-elected Nigerian leader in decades, stripped the Authority of much of its power after a series of outages and gave the reins to a "Technical Board" under the direction of Sen. Liyel Imoke, telling it to get the electricity situation squared away in short order.

Obasanjo also set the 3,000 megawatt target for this year and another for 4,000 megawatts by the end of 2001.

Much of the increased generation has been effected by repairing out-of-service facilities. Imoke said "Our on-going projects for the reactivation of some of our broken down power generating units will on completion increase the generating units available, 4,000 megawatts from its current 2000 megawatts. With our national peak demand at 2,470 megawatts, it means that several millions of people would be provided with power."

The news service observed "We are now poised more than ever before for greater heights not resting on our oars, until we are in a position to say we have brought power to all the people."

At times last week, generation in Nigeria reached 2,600 megawatts as increased water levels at hydroelectric stations boosted performance.

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