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

Indiana To Investigate IP&L Response To Storm Outages

LCG, July 25, 2001Slow response by Indianapolis Power & Light Co. to storm-cause outages two weeks ago appears to have caught the eye of the Indiana Regulatory Commission, which will open an investigation today into whether a takeover of the company was to blame.

Television station WRTV talked to IP&L customer Bill Goss, who went 24 hours after the storm with no power or low voltage. He said that he called IPL hundreds of time, mostly getting busy signals, sometimes getting disconnected, occasionally getting through, but getting wrong information.

Even though Goss lives in a critical zone, where two major feeder lines cross, he said that it took forever to get a crew out. And when someone finally came, he didn't know what he was doing.

Indiana regulators have worried that job cuts, the "synergies" AES Corp. talked about when it acquired IP&L, would produce service problems.

"We've seen in the past with other companies who have had major workforce reductions that thequality of service did suffer, and the people of Indiana suffered. The commission wants to move quickly this time to make sure that that doesn't happen again," spokeswoman Mary Beth Fisher said.

As far as Goss is concerned, it's already happened. He told television reporters that he can see a cutback in preventive maintenance, like tree trimming. And he said that one crewman admitted to him privately that the job cuts had left the utility unable to cope.

"They said that a lot of their experienced crewmen had taken early retirement, so they didn't have the manpower that they would normally have to respond to a storm like this," Goss said.

IP&L declined to comment on the investigation until the commission formally votes on it today, but said it would cooperate fully.

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