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

PG&E Unit Buys 16,000 Megawatts of Turbines

LCG, Sept. 12, 2000The National Energy Group unit of PG&E Corp. said yesterday it had signed contracts with manufacturers for 50 turbines representing about 16,000 megawatts of electric generation.

The PG&E unit will buy 23 turbines from GE Power Systems, 21 from Mitsubishi Heavy Industries and six from Siemens Westinghouse. The company said the turbines would be used around the U.S. in new power plant projects. Delivery of the turbines is scheduled through 2004.

"These purchase agreements indicate our dedication to our overall growth strategy," said ThomasG. Boren president and chief executive officer of PG&E National Energy Group. "With a substantialturbine procurement program, our commitments to satisfying regional energy needs and meeting ourdevelopment goals are well underway."

Boren said the company was "greatly diversifying" its presence around the U.S. "As we strengthen our foothold nationally with projects to meet critical market needs, we achieve a three-way win: value for our shareholders, confidence for our customers, and reliability for consumers," he said.

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