Duke Energy Renewables Announces Commercial Operations Achieved for 150-MW Solar Project

LCG, June 20, 2019--Duke Energy Renewables, a subsidiary of Duke Energy, yesterday announced that its 150-MW North Rosamond solar project in Kern County, California, has commenced commercial operation. The power produced from the project is being sold to Southern California Edison (SCE) under a 15-year agreement.

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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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Industry News

Sithe Obtains Financing for Goreway Station in Ontario

LCG, February 3, 2006--Sithe Global Power LLC announced yesterday that its subsidiary, the Goreway Station Partnership, has closed financing on an approximately C$942 million construction facility for the 880 MW Goreway Station, located near Toronto. An engineering procurement and construction agreement with SNC-Lavalin Power Ontario Inc. has also been executed for the new power plant.

The Goreway Station will be a gas-fired, combined cycle plant that will incorporate General Electric's 7FB gas turbines. The station is scheduled to begin delivering power to the grid by June 2007 in single cycle mode, with full output from the combined cycle mode scheduled to occur by July 2008.
The station output will be purchased by The Ontario Power Authority (OPA), which has entered into a 20-year agreement with respect to the full output of the station. The additional power supply is critical given government commitments to retire existing coal plants and reduce emissions, including greenhouse gases.

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