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.

Read more

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.

Read more

Industry News

ISO Orders Utilities to Begin Voluntary Load Shedding

LCG, Sept. 19, 2000The California Independent System Operator, in a taste of what is likely to happen today, declared a Stage 2 Electrical Emergency yesterday and ordered the state's three investor-owned utilities to begin cutting power to customers with interruptible contracts.

Cal-ISO asked the companies to shave 1,710 megawatts off their demand to relieve strain on the state's power grid. Yesterday evening, the agency said today would be another "power watch" day, with demand pushing 45,000 megawatts.

If Cal-ISO has any dreams about importing power across the Oregon border today, it will likely find them empty. Availability of power from the Pacific Northwest was abruptly curtailed yesterday at about 3:00 p.m. when the 1,150 megawatt Washington Public Power Supply System nuclear power plant near Pasco, Wash., was taken down because operators experienced a sudden increase in offgas flow and decreasing condenser vacuum. The plant was in hot shutdown mode this morning.

A problem that will plague the Cal-ISO all week is that some of the in-state plants that have been pumping out power all summer are now shut down for repairs and maintenance. An ISO spokeswoman said "We've got 3,000 megawatts off because of scheduled maintenance," adding the shutdowns were overdue because many had deferred maintenance during June and July, when power was also critically short.

Copyright © 2019 LCG Consulting. All rights reserved. Terms and Copyright
Generator X
Generation and Transmission Planning and Optimization
The Locational Marginal Price Model (LMP) Network Power Model
Day Ahead and Real Time Market Simulation
Day-ahead and real-time portfolio revenue optimization
The Gas Procurement and Competitive Analysis System
Database of Plants, Loads, Assets, Transmission...
Annual summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service