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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

Now Fitchburg Gas Wants a 25 Percent Rate Hike

LCG, Sept. 28, 2000Fitchburg Gas & Electric Light Co., which less than two weeks ago asked Massachusetts regulators to approve a winter rate boost that would cost a typical residential natural gas customer $14.11 a month more than he is now paying, said yesterday that's not enough and asked for an increase the would add $30.07 to the householder's monthly bill.

Fitchburg said yesterday that it had "refiled" for a gas rate increase with the Massachusetts Department of Energy and Telecommunications and that the new filing replaces the more modest request of September 15.

Two weeks ago, the company said it needed an 11.5 percent increase, but news of rising wholesale prices for natural gas has prompted it to more than double the request to 24.5 percent. Even the company doesn't know where it will all end.

Mike Dalton, president of parent company Unitil Corp., said only "Natural gas supply pricing has escalated rapidly in a very short period of time."

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