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

Taiwan Premier Will Quit if 4th Nuke Not Approved

LCG, Sept. 18, 2000Premier Tang Fei of the Republic of China said this morning that he strongly favors completion of Taiwan's fourth nuclear power plant and would resign if the project is scrapped.

Tang told legislators that he was not yet in a position to make a decision on whether to complete the plant and was expressing his personal views when he said the facility should be finished. He noted that the Economics Ministry and other government agencies have not yet issued their reports.

The premier said completing the plant made economic sense and was important to the continued economic development of Taiwan.

Though Tang will make the final decision of whether to complete the plant, he said he would resign if President Chen Shui-bian and the ruling Democratic Progressive Party did not agree with his position.

Chen has opposed the completion of the plant but said on Saturday that he would respect the conclusions of an expert commission evaluating the project under the auspices of the Economics Ministry.

Economics Minister Lin Hsin-i said that the plant, which is about a third complete, would cost around $3 billion if it was scrapped. About half of that could be recovered, he said, by selling the two reactors to Japan and using the fuel which has been contracted for at Taiwan's other nuclear power plants.

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