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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

TransAlta to Build 440 Megawatt Cogenerator

LCG, Sept. 14, 2000TransAlta Corp. said yesterday it would spend $400 million Canadian ($270 million U.S.) to build a 440 megawatt cogeneration power plant and take over existing plants with a combined capacity of 210 megawatts, all in Sarnia, Ontario.

The new, natural gas-fired cogeneration facility will be the largest of its type in Canada, the company said.

Commercial operation of the 440 megawatt plant is expected by October 2002. Once it is up and running, it will supply Bayer, Dow Chemical Canada Inc. and NOVA Chemicals (Canada) Ltd. with power and steam. Excess power will be sold into the competitive electricity markets.

"This project demonstrates our commitment to grow our gas-fired generation by 500 megawatts a year, and the company's goal to own and operate 10,000 megawatts by 2002," said Steve Snyder, TransAlta president and chief executive. "The project also positions TransAlta for growth as the restructuring of the industry in Ontario continues to unfold."

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