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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

Irish Government Power Auction Begins Friday

LCG, Sept. 20, 2000An auction of electricity generated by Ireland's state-owned Electricity Supply Board will begin on Friday, according to the Irish power regulator.

Tom Reeves, Commissioner for Electricity Regulation, said it was important for the auction to proceed rapidly in order for supply contracts to be negotiated by November 1, an essential step to opening the Irish electricity market to competition.

Reeves said he had hoped to complete the auction, which was originally slated for May, by the end of this month. The process was delayed by an action in Ireland's High Court brought by EPower, a new electricity supplier, which complained that regulations favored some new power producers who are expected to bid for ESB power in order to begin selling electricity while their own plants are being built.

Reeves said allowing future suppliers to bid for ESB power was a necessary incentive for them to participate in a liberalized market.

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