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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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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

PG&E Completes Acquisition of Power Plant from Mirant

LCG, December 1, 2006--Pacific Gas & Electric (PG&E) announced yesterday that it has completed the acquisition of a partially built, gas-fired power plant located near Antioch, California. PG&E plans to invest an additional $370 million to complete the facility, which the company received as part of a settlement agreement with Mirant related to claims of market manipulation.

The design electric generating capacity of the project is 530 MW. PG&E plans for commercial operations of the plant, renamed "Gateway," to commence in 2009.

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