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

RTO for U.S. Northeast 'Do-able', PJM Chief Says

LCG, July 25, 2001The chairman of the PJM Interconnection said yesterday that the independent system operators in the U.S. Northeast were on track to combining their operations into a regional transmission organization.

The Federal Energy Regulatory Commission on July 11 ordered the New York Independent System Operator, PJM, PJM West, Northeast ISO and New England ISO to form a single RTO.

"I think that's do-able," Phillip Harris told reporters at a briefing covering a closed door hearing held Monday before FERC Administrative Law Judge Peter Young. Officials of all four ISOs met to begin 45 days of negotiations aimed at forming a single Northwest RTO.

"We can't solve all of the issues, but we can come up with a plan" during that time, Harris said.

Separately, PPL Corp., which has operations in PJM, Northeast ISO and New York ISO areas, said it supports a Northeast ISO as a "significant step toward establishing a reliable and properly functioning wholesale electricity market."

FERC has said the PJM system which serves Pennsylvania, New Jersey and Maryland could serve as a model for regional organizations nationwide, but the agency has turned down requests by to New York and Northeast ISOs to retain their status as separate independent system operators.

PPL tempered its enthusiasm for PJM, saying the organization has "significant problems with its markets and structures that must be resolved" before it could absorb the other ISOs.

Earlier this year, FERC proposed that there be four regional RTOs covering the U.S., but Harris said their could be as many as 10. He also endorsed the PJM model, saying "The technology is there to make it happen," adding "it's hard to find something bigger than what we're doing."

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