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

Enron Drops Plans for Florida Power Plant

LCG, July 26, 2001Enron Corp. has dropped plans to build a power plant near Biscayne National Park in southeast Miami-Dade County, Fla., company officials said, stressing that is was not local "not in my backyard" sentiments that caused the change of heart.

Nevertheless, the decision was a major, and unexpected, victory for residents who had been gearing up to fight the proposed plant about a mile from their homes, the Miami Herald said.

Environmentalists, who also opposed the project because of its location at the doorstep of Biscayne National Park, also were pleased. "This was so close to places we have spent a long time trying to protect," said Alan Farago, conservation chairman of the Sierra Club in Miami-Dade.

Enron said the company dropped plans for the plant because it appeared the permitting process would be lengthy, complicated by a county plan to close an old construction dump on the 61-acre site.

"The timing on a facility is just such that, as in any business, when you have a project, you want to be able to complete the project on a timely basis," Enron spokeswoman Lea Sooter said. "The county has been trying to close that landfill for about a year. Our focus was what's going to benefit the community. If we pull ourselves out of the process, that time line would likely shorten," she said.

Sooter said it would have cost the company an extra $2 million to close the construction landfill, which it was willing to pay. She said Enron chose the site because the company thought it would bring benefits to the community. "Enron chose the site because it would benefit the citizens of Miami-Dade County by closing the landfill, recycling water from the water treatment facility. And it would have preserved the wetlands and reestablished native flora," she told the Miami Herald.

She added that the county would also have benefited from collecting taxes on the $130 million project and about 600 new jobs would have been created while the plant was being built.

This is the second time this year that Enron backed away from plans to build a power plant in South Florida, the paper said. A similar project in Pompano Beach was scrapped, but the company wants to build in Deerfield Beach.

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