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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Exelon to Shut Down Three Mile Island by September 30, 2019

LCG, May 10, 2019--Exelon Generation announced Wednesday that Three Mile Island Generating Station Unit 1 (TMI) will shut down by September 30, 2019. The Nuclear Regulatory Commission (NRC) had approved back in 2009 a 20-year extension for the nuclear energy facility through 2034.

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Industry News

FERC Suggests Outages Be Certified

LCG, Oct. 2, 2002--In light of continuing debate concerning last year's Western energy crisis and continuing concerns over true reserves or shortfalls in available generating capacity, the Federal Energy Regulatory Commission (FERC) is considering whether plant and transmission outages might be certified whenever they can be justified.

William Hederman, in charge of market investigations for the agency, disclosed that such a policy could limit disagreement over generators' market participation in the distant past. FERC chairman Pat Wood III said to reporters that "I think certainly it would avoid a lot of the way-after-the-fact accusations to kind of have the ability to get a blessing up front that this one was kosher. I think that that ought to be available to parties that want that."

The proposal is not a part of the current set of proposed market rules known as "standard market design," but according to Hederman, it has received positive responses from those who have heard the idea.
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