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

One Gas Rate Sought for Three Rhode Island Utilities

LCG, July 5, 2001Southern Union Co., which last year purchased three Rhode Island utilities, has asked the state's Division of Public Utilities and Carriers for permission to consolidate three sets of rates into one and says it will share savings from the combination of the companies with customers as well as shareholders.

Southern Union was roundly criticized last winter for not doing enough to keep natural gas rates in line for its Rhode Island customers, and DPUC commissioners were among the critics.

Last year, the company paid $400 million for Providence Energy Corp., the parent of Providence Gas Co. and North Attleboro Gas Co., $160 million for Valley Resources, which owned Valley Gas Co. and Bristol & Warren Gas Co., and $75 million for Fall River Gas Co. All of the companies were folded into Southern Union's freshly minted New England Division.

In its application, Southern Union said it wants to consolidate the rates of Providence Gas, Valley Gas and Bristol & Warren Gas. The company must file a more-detailed plan by Sept. 1 with the utilities division spelling out the details on issues such as how much money customers will save from the combination. A plan on how rates will change must go to the state Public Utilities Commission by Dec. 1.

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