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

Enron May Exit Wind Power by Year End

LCG, July 5, 2001--Enron Corp. may exit the wind power business by the end of this year as part of its plans to refashion itself as a trading and marketing company, Enron Wind managing directorAndreas Reuter said yesterday.

Attending a week-long European Wind Energy Conference and exhibition in Copenhagen, Reuter said "Enron has a plan to sell off its assets not linked to trading, and Enron Wind is considered (such) an asset. We might find a solution this year."

"The most likely outcome is for a financial investor to take over the company and launch an IPO in two years time," he added.

Last year, Enron had trouble siting a wind farm in California when environmentalists discovered that the site chosen was in the path of flights by the almost-extinct California Condor, but another acceptable site was found.

In Europe, Enron has voiced interest in wind projects for Britain, France, Ireland and The Netherlands and has installed wind capacity in Germany and Spain. "If the British market starts moving, we would consider manufacturing blades over there," Reuter said.

Based on figures for the year 2000, Enron has about 6 percent of the world's installed wind power capacity, about a third of the leader Vestas Wind Systems of Denmark.

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