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

Sierra Pacific Resources Issues RFP for Renewable Energy

LCG, May 13, 2005--Nevada Power Company and Sierra Pacific Power Company yesterday issued a Request for Proposals (RFP) for renewable energy and/or renewable energy credits (RECs). The two companies, which are the utility subsidiaries of Sierra Pacific Resources, are seeking renewable proposals totaling about 200 MW of wind, geothermal, hydro and biomass energy, plus 70 MW of solar energy.

The RFP is in response to Nevada law that requires electric utilities to increase the use of renewable energy by two percent every other year until the renewable energy portfolio accounts for 15 percent of the total energy sales by the year 2013. Furthermore, the total for solar electricity must exceed five percent of the total renewable energy portfolio. Last year, Nevada Power was granted a waiver after failing to meet Nevada's renewable energy standards.

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