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

GE to Service Southern Co. Plants in $575 Million Deal

LCG, Sept. 29, 2000The GE Power Systems unit of General Electric Co. said yesterday it has received multi-year contracts from The Southern Co. covering service of combined-cycle power plants being built by the Atlanta-based utility in the southeastern United States. GE said the total value of the contracts was $575 million.

The long-term service agreements support turbine generators, steam turbines, control systems and auxiliary equipment, GE said.

GE said the combined-cycle systems will be located at the Wansley Power Station in Roopville, Ga., the Goat Rock Power Station in Smith, Ala., and at several other sites yet to be announced. The plants are scheduled for commercial operation over the years 2001 to 2004.

The contracts are in addition to $450 million worth of service agreements covering other Southern Co. plants. Those contracts, signed in 1998 and 1999, provide support to five power plants.

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