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

NRC Slates Indian Point 2 Meeting with Con Ed

LCG, Sept. 20, 2000The Nuclear Regulatory Commission yesterday gave Consolidated Edison Co. of New York one week to prepare for a meeting to "discuss" the findings of an NRC investigation into the shutdown of the company's 931 megawatt Indian Point 2 nuclear power plant.

A week isn't a lot of time to get ready for the September 26 meeting in King of Prussia, Pa., where the NRC is certain to ask for answers to questions raised by its inspection team.

In a report issued late last month, the NRC inspectors concluded that the overall direction and execution of Consolidated Edison's 1997 steam generator in-service examinations at the Buchanan, N.Y., facility were deficient in several respects.

The agency said deficiencies in Con Edison's steam generator inspection program resulted in the company's failure to adequately account for conditions which adversely affected the detectability of, and increased susceptibility to, tube flaws.

Steam generators contain hundreds of tubes where heat from the nuclear reactor's coolant is transferred to fresh water which is turned to steam used to drive electric turbine generators. Con Edison's practice has been, when one of the tubes gave a little trouble, to pinch it off and make do with one less. For that reason, Indian Point 2 puts out 44 megawatts less than it should.

When a steam generator tube sprang a leak on February 15, Con Edison shut the plant down. The company intended to pinch off yet another tube and restart the plant to meet summer demand, but the NRC said it wanted to take a look.

That look earned Indian Point 2 an NRC red flag. The agency has four degrees of risk significance: green, white, yellow and red. They mean just what you think they mean.

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