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

Enron Seeks Monopoly Exemption for Portland Utility

LCG, Oct. 7, 2002--Bankrupt Enron Corp., which owns the utility Portland General Electric (PGE) in the state of Oregon, has sought to have the utility made exempt from decades-old Public Utility Holding Company Act legislation barring monopolies.

Companies that conduct business in a single state may apply for such an exemption. A hearing will be conducted by the Securities and Exchange Commission on whether PGE meets this requirement.

One area to be examined is Portland General's 20-percent ownership of the Pacific Northwest Intertie, across which power flows between Oregon and California. The agency will try to determine how much revenue PGE earns from power deliveries at the Mid-Columbia trading hub.

Enron has put the utility up for sale, and a deadline for bids is set for November.
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