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

Bonneville Adds $10 Million to help Migrating Fish

LCG, July 13, 2001--The Bonneville Power Administration said yesterday that it will fund about $10 million worth of projects aimed at helping fish affected by this year's power emergency operations.

The funding is in addition to nearly $19 million in "high priority" projects that Bonneville announced in May to help fish recovery efforts. The agency also left the door open for additional funding pending further review of other projects.

"This has been a terrible year both for fish and power, and it has been a difficult balancing act to ensure a reliable electricity supply and minimize harm to endangered salmon and steelhead," acting administrator Steve Wright. "These projects will help offset the impact to fish of actions we have had to take to preserve regional reliability."

Because of extreme low water and western U.S. energy supply problems, the federal agencies have been forced to suspend spill operations for endangered fish this spring and summer in order to meet the region's energy needs, Bonneville explained. Some water that would have been passed through spillways to help juvenile fish traverse the dams was instead run through turbines to generate electricity.

The agency noted that there was a limited spill program in the spring -- when the bulk of endangered fish travel downstream -- but no spill thus far this summer because of concerns about maintaining a reliable power system.

"With survival levels already down due to low flows, we felt it was important to seek out ways to atleast partially make up for the additional losses caused by reduced spill," said Brian Brown, hydrodirector for the National Marine Fisheries Service.

While the selected projects focus on short-term actions that can be taken this year, it's expected that some of the benefits will continue in the long term and may also help non-endangered species.

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