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

OG&E Announces Plans to Purchase Wind Project

LCG, December 28, 2005--Oklahoma Gas and Electric Company (OG&E) announced last week that it has agreed to purchase a 120-MW wind project located in northwestern Oklahoma for $180 million. The non-binding agreement is a letter of intent with Invenergy Wind LLC, an affiliate of Chicago-based Invenergy LLC.

The wind farm would be developed by Invenergy Wind LLC and would be owned and operated by OG&E. The project site is in Harper County. The final terms of the agreement must still be developed and would be subject to approval by the Oklahoma Corporation Commission. Given timely development and approval of the agreement, the project could be built and begin generating electricity by the end of 2006.

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