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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

Feds Look at Plans to RelieveCalifornia Transmission Bottleneck

LCG, July 24, 2001Federal agencies will look at a baker's dozen plans to relieve the California electric power transmission bottleneck known as "Path 15," U.S. Energy Secretary Spencer Abraham said yesterday.

Path 15, located in the state's Central Valley near the town of Los Banos, consists of two 500 kilovolt lines and severely restricts the ability to move bulk power between the northern and southern parts of California. Abraham is pushing for a third 500 kilovolt line to relieve the congestion.

"It is like adding lanes of traffic in a major thoroughfare," he said.

The Department of Energy estimates that the cost to upgrade the 84-mile Path 15 would be $230 million and take three or four years to complete, but Abraham said the cost could run as high as $300 million.

The California Independent System Operator, which manages the three-quarters of the state grid belonging to three investor-owned utilities, said that the bottleneck cost the state about $260 million over the past 16 months.

Path 15 is owned by Pacific Gas & Electric Co. which sought protection under Chapter 11 of the U.S. bankruptcy law in April, having run up massive debt purchasing power at high wholesale prices for resale to customers at artificially low prices mandated by California's failed electric deregulation scheme. The utility does not have funds to handle the upgrade itself.

The federal Western Area Power Administration will review 13 "statements of interest" in the Path 15 and will issue a recommendation within the next few weeks.

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