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

Steam Problem Shuts Down Palo Verde Nuclear Unit

LCG, July 16, 2001An equipment problem Friday involving steam to the main turbine in the 1,270 megawatt Unit 2 of Arizona Public Service Co.'s Palo Verde Nuclear Generation Station caused a shutdown of the reactor, the utility said.

The unit was at 60 percent of power this morning, and increasing output, according to the Nuclear Regulatory Commission's daily plant status report.

APS said the reactor was designed to shut itself down automatically in the type of situation that was encountered, and all systems operated according to plan.

"Our customers will have the energy they need to keep their homes cool and their lights on," said Jim Levine, executive vice president of APS Generation on Friday.

Three-unit, 3,778 megawatt Palo Verde, the nation's largest nuclear power plant in terms of both size and output, supplies power to 4 million customers in Arizona, Texas, New Mexico and California.

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