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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Exelon to Shut Down Three Mile Island by September 30, 2019

LCG, May 10, 2019--Exelon Generation announced Wednesday that Three Mile Island Generating Station Unit 1 (TMI) will shut down by September 30, 2019. The Nuclear Regulatory Commission (NRC) had approved back in 2009 a 20-year extension for the nuclear energy facility through 2034.

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Industry News

PG&E Executes Contract with SolarReserve for 150 MW of Solar Power

LCG, December 23, 2009--SolarReserve yesterday announced a new power purchase agreement (PPA) with Pacific Gas and Electric Company (PG&E) for solar power generated from SolarReserve?s proposed Rice Solar Energy Project, a 150-MW facility to be built in Riverside County, California. Construction on the project is scheduled to commence in spring 2011, with operations planned to begin approximately 2 years thereafter.

The Rice Solar Energy Project will employ an advanced molten salt system from United Technologies Corp. The system will use thousands of mirrors to focus the sun's energy on a receiver set on top of a tower. The intense energy heats molten salt to over 1,000 degrees Fahrenheit within the receiver. The molten salt then flows into a thermal storage tank, from which it can be pumped to a steam generator. The steam drives a turbine to generate electricity. The incorporation of the storage system enables the solar power plant to deliver power when the sun is either shining or not, thereby improving its value in the electricity market.

SolarReserve's chief executive officer stated, "Throughout the process, we have worked hard to minimize the project's impact on local resources, which is why the project is being developed on privately-owned land that had been previously used as an air field. Further, the project will use a dry cooling system that minimizes water usage without significantly impacting the plant's operational performance."

The PPA is subject to approval by the California Public Utilities Commission (CPUC). California passed a Renewable Portfolio Standard (RPS) Program that requires utilities like PG&E to increase their electric supply procurement of eligible renewable generating resources by one percent of load per year. In September, the Governor signed an Executive Order that increased the requirement to 33 percent by 2020 and that now applies to all utilities, including publicly-owned municipal utilities.
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