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.

Read more

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.

Read more

Industry News

Duke Energy Gas TransmissionPlans Expansion in U.S. Southeast

LCG, July 31, 2001--Duke Energy Gas Transmission said yesterday its East Tennessee Natural Gas subsidiary has filed an application with the Federal Energy Regulatory Commission seeking approval of a project to meet the growing energy needs of the southeastern United States.

The $289 million Patriot project will transport natural gas along a new pipeline route called the Patriot Extension as well as through expansion of the company's existing system, Duke said in a news release.

The company said strong customer response to the Patriot project resulted in East Tennessee's commitment to develop a project that will transport 510 million cubic feet per day of natural gas.

Seven natural gas shippers, representing electric power generators, marketers and local distribution companies, have committed to 87 percent, or 446 million cubic feet per day of delivery capacity under long-term contracts -- more than double the 200 million cubic feet per day envisioned when the project was announced last October, Duke said.

"The significant addition of infrastructure also greatly benefits East Tennessee's existing customers," said Robert B. Evans, president of Duke Energy Gas Transmission. "Completing the loop of our southern mainline leg, adding compression to the northern portion in Tennessee and adding large diameter looping in Virginia will considerably enhance the system's reliability."

East Tennessee has asked FERC for a preliminary determination by November 15 and a final certificate by March 27 of next year. The company said that schedule will enable it to begin construction next July and meet the initial May 1, 2003, in-service date.

"The May 2003 initial in-service date and incremental phasing reflects our flexibility and commitmentto meet our customers' needs and requirements," Evans said. "The Patriot project will increase the reliability of energy supplies by providing additional natural gas supplies, supply diversity andtransportation competition to the region."

The Patriot Extension, an approximately 94-mile pipeline from Virginia to North Carolina, willbring natural gas service to portions of southwest Virginia for the first time and introduce acompetitive supply of natural gas to North Carolina from Appalachian and Gulf Coast producers, Duke said.

Copyright © 2019 LCG Consulting. All rights reserved. Terms and Copyright
Generator X
Generation and Transmission Planning and Optimization
The Locational Marginal Price Model (LMP) Network Power Model
Day Ahead and Real Time Market Simulation
Day-ahead and real-time portfolio revenue optimization
The Gas Procurement and Competitive Analysis System
Database of Plants, Loads, Assets, Transmission...
Annual summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service