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

APS Signs PPA with NextEra for Power from Perrin Ranch Wind Energy Center

LCG, July 29, 2010--Arizona Public Service Company (APS) and NextEra Energy Resources have executed a 25-year, power purchase agreement (PPA) for APS to buy all of power generated from NextEra's planned Perrin Ranch Wind Energy Center, located in Coconino County, Arizona.

The 99.2-MW project will consist of 62, 1.6-MW wind turbines. Construction is scheduled to commence next year, and the project is expected to deliver power to the grid in 2012. This schedule is contingent upon receiving necessary permitting. In addition, the PPA must be approved by the Arizona Corporation Commission (ACC).

In 2006, the Arizona Corporation Commission (ACC) adopted rules setting Arizona's Renewable Energy Standard (RES) to 15 percent by 2025, with 30 percent of the renewable energy to be derived from distributed energy technologies. Investor-owned utilities (like APS) and electric power cooperatives serving retail customers in Arizona must meet this target. The RES target in 2012 is 3.5 percent.

Arizona's first commercial-scale wind farm, the Dry Lake Wind Power Project, was dedicated in October 2009. The 63-MW project was developed by Iberdrola Renewables, and Salt River Project (SRP) signed a PPA for all of the power output. The project includes 30 Suzlon S88-2.1 MW wind turbines.
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