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.

Read more

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.

Read more

Industry News

Rolling Blackouts Hit Las Vegas

LCG, July 3, 2001In Las Vegas yesterday, street lights went dead, air conditioners quit conditioning air and perhaps millions of incandescent bulbs blinked off as a power blackout hit Nevada for the first time.

Incandescent bulbs, ranging in size from the itty-bitty ones inside slot machines to big ones illuminating casinos and hotels, are important in Las Vegas, as are air conditioners.

While expected hot weather had Nevada Power Co. lining up power reserves early in the day, the problem hit when both 790 megawatt units of the nearby Mohave coal-fired power plant went down for as-yet-unexplained reasons. Nevada Power has a 222 megawatt ownership interest in the plant, which is operated and 50 percent owned by Southern California Edison Co.

Casinos were asked to conserve power and many dimmed their lights and fired up emergency back-up generators. When Nevada Power was forced to shed 100 megawatts of load in the middle of the afternoon, about 10,000 customers lost power.

Under price controls recently put into effect for the 11 Western states by the Federal Energy Regulatory Commission, the Las Vegas blackout should have triggered controls throughout the region, but no reports indicated their implementation.

Copyright © 2019 LCG Consulting. All rights reserved. Terms and Copyright
Generator X
Generation and Transmission Planning and Optimization
The Locational Marginal Price Model (LMP) Network Power Model
Day Ahead and Real Time Market Simulation
Day-ahead and real-time portfolio revenue optimization
The Gas Procurement and Competitive Analysis System
Database of Plants, Loads, Assets, Transmission...
Annual summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service