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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

Mississippi Power Plans Advanced Coal Plant

LCG, December 14, 2006--Mississippi Power Company, a wholly owned utility of Southern Company, plans to build a 600-MW power plant fueled by lignite in Kemper County, Mississippi. The proposed facility will use an advanced gasification technology developed by Southern Company. The announcement was made yesterday by the Governor of Mississippi, together with the President of Mississippe Power Company. The plant is scheduled to commence operations in June 2013.

The estimated cost of the facility is approximately $1.8 billion. The project is to receive over $133 million in tax credits from the U.S. Department of Energy (DOE) as a result of the National Energy Policy Act of 2005. The site for the project is about seven miles north of the Lauderdale County line.

This is the second major coal project recently pursued by Southern Company to gain government financial support. Earlier this year, the DOE awarded $235 million to Southern Company, in partnership with the Orlando Utilities Commission and Kellogg, Brown and Root, to design and construct an integrated gasification combined cycle (IGCC) power generation system at the Orlando Utilities Commission?s Stanton Energy Center in Florida. The design capacity of the new plant is 285 MW. Like the Mississippi Power Company project, the technology to be used at the Stanton Energy Center is designed to use low-rank, high-moisture, and high-ash content coals that are available at lower costs. The estimated total cost of the Stanton project is $557 million.
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