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.

Read more

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.

Read more

Industry News

Massachusetts Governor Approves Neptune LNG Project

LCG, December 20, 2006--SUEZ Energy North America's subsidiary Neptune LNG LLC announced yesterday that the Governor of Massachusetts approved its proposed offshore liquefied natural gas (LNG) receipt terminal in Massachusetts Bay. The U.S. Coast Guard and the Maritime Administration are now poised to complete the processing of the Neptune deepwater port application. Given timely processing, Neptune LNG expects to be able to receive LNG shipments in 2009.

The Neptune offshore LNG receiving terminal project was announced in February 2005. The project would enable incremental, new supplies of natural gas to serve increasing demands in North America. Moreover, the gas would be delivered to growing Northeastern markets without utilizing limited capacity on existing pipelines that generally transport gas from production fields in and around the Gulf to markets in the Northeast.

The project design incorporates an offshore delivery where LNG tanker ships would moor. The specially designed ships would vaporize the LNG into natural gas that would be delivered into the existing HubLine sub-sea pipeline for delivery to customers in New England. The deepwater port is located approximately ten miles south of the city of Gloucester and 22 miles northeast of Boston. The nominal capacity of the proposed facility is 400 to 750 MMcf/day. The total estimated cost for the project, including LNG ships, is about $1 billion.

According the company, benefits of the offshore location include that it does not require any coastal land, has limited aesthetic impacts, and avoids both the Stellwagen Bank National Marine Sanctuary and essential shipping lanes into Boston Harbor.

SUEZ Energy North America's wholly owned subsidiary, Distrigas of Massachusetts LLC, owns and operates an existing LNG receiving terminal in Everett, Massachusetts, which began service in 1971.

Copyright © 2019 LCG Consulting. All rights reserved. Terms and Copyright
Generator X
Generation and Transmission Planning and Optimization
The Locational Marginal Price Model (LMP) Network Power Model
Day Ahead and Real Time Market Simulation
Day-ahead and real-time portfolio revenue optimization
The Gas Procurement and Competitive Analysis System
Database of Plants, Loads, Assets, Transmission...
Annual summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service