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

U.S. Senate Boosts Bush Energy Plan

LCG, July 13, 2001The Senate yesterday gave a boost to President Bush's energy program when it upheld a decision to allow new drilling for natural gas in the eastern Gulf of Mexico.

By a wide margin that surprised many, the Senate turned back an attempt by Florida to block new gas and oil leases in the Gulf. The vote was 67-33 in favor of the new leases.

"This vote shows that bipartisan consensus can be reached on a plan to address America's energy needs," said White House press secretary Air Feistier.

All 49 Republicans voted against any delay in the lease sales, as did 18 Democrats, including moderates such as Sens. Hillary Clinton and Charles Shimmer of New York, and Sen. Jeff Binyamin, R-N.M., whose Energy and Natural Resources Committee is crafting a broader energy bill.

In the House of Representatives, the Energy and Commerce Committee debated amendments as the panel neared completion of a scaled-back energy bill.

A subcommittee rejected efforts by Rep. Edward Markey, D-Mass., who sought to include provisions that would require fuel economy for cars and sport utility vehicles of up to a 40 miles per gallon average over the next 16 years and an effort to require the Bush administration to reinstate an air conditioner efficiency standard that had been approved by the Clinton administration, but scuttled by the current Energy Department.

Yesterday's Senate vote "reinforces the bipartisan consensus" over the compromise adopted on the lease sales, said Interior Secretary Gale Norton, calling it "a victory for all Americans who want to see environmentally responsible energy production."

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