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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

Enron to Build 215 Megawatt Colorado Plant

LCG, Sept. 21, 2000A subsidiary of Enron Corp. will build a $100 million, 215 megawatt power plant south of Colorado Springs, Colo. to sell electricity to the former Public Service Co. of Colorado, which wants to add generating capacity around the state, the Colorado Springs Gazette reported this morning.

Public Service Co. of Colorado is now Xcel Energy Inc., or a part thereof. It had become New Century Energies Inc. when it merged with Southwestern Public Service Co. Now that New Centuries has been folded into Northern States Power Co., it's Xcel. People in Colorado still think of it as Public Service Co.

Earlier this year, the Denver office of Xcel estimated that Colorado would need enough power for another 1.6 million households, on top of the 2.5 million already served by Public Service Co. The company put out a request for proposals asking for bids on 1,500 megawatts of new generation.

Enron North America Corp. successfully offered to build the four-turbine, 215 megawatt natural gas-fired plant near an existing substation six miles from Colorado Springs' municipal power plant, which is fueled by coal.

Wilexco Inc., an Englewood, Colo. company, was another successful bidder, and plans to build an 83 megawatt power plant not far from the Enron facility, if it can get the necessary permits. Getting permits for the Wilexco plant may not be easy because the fuel will be tires, like those Firestones that Ford dealers are throwing away.

Enron expects its plant to be operation by next June, according to Eric Thode, director of public relations for Enron North America. Output from the plant will be sold to Xcel on a 10-year contract, after which the facility could be run as a merchant plant if Colorado deregulates its electric industry and allows competition.

The plant is not being built with that in mind, according to Thode. "This plant is being built for the deal as it currently exists. This deal makes sense because this deal makes sense, period."

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