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

AES Proposes 500 Megawatt Long Island Plant

LCG, Sept. 28, 2000AES Corp. has approached Riverhead Town on Long Island with a proposal to build a 500 megawatt natural gas-fired power plant on 15 acres of a 50-acre site it would purchase on the edge of an industrial park, Newsday reported this morning.

"We're trying to bring competition here," said Harry Davitian, vice president of the AES subsidiary that operates the company's power plants in the Northeast. Davitian said the proposed plant could provide about one-tenth of the Island's electrical needs.

Riverhead is at the head of Great Peconic Bay, the inlet that give outer Long Island its swallow tail effect, and is on the fringe of the area called "The Hamptons."

Davitian said that the proposed Riverhead plant would provide electricity and steam to tenants of the industrial park and sell electricity in the regional wholesale power market. Joey MacLellan, executive assistant to the Riverhead town supervisor, told Newsday that "(The plant) would provide low-cost energy to the industrial park."

Newsday noted that several new power plants have been proposed for Long Island, including two in Yaphank that would be of 580 megawatts and 750 megawatts and another in Kings Park that would generate 300 megawatts.

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