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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

AEP Moves Another Step Closer to Retiring 4,400 MW of Coal-fired Generating Facilities by Summer

LCG, March 25, 2015--American Electric Power (AEP) will close six coal-fired power plants by the end of May, with four additional retirements scheduled by year-end. The plant closings are part of the utility's compliance plan for new Environmental Protection Agency EPA regulations, primarily the Mercury and Air Toxics Standard (MATS) rule that commence in June.

An AEP spokesperson stated that AEP has sent notices to employees at the Kanawha River (400 MW), Philip Sporn (600 MW) and Kammer (630 MW) plants in West Virginia; the Glen Lyn (335 MW) plant in Virginia; the Muskingum River (1,440 MW) plant in Ohio; and the Tanners Creek (995 MW) plant in Indiana that these facilities will cease operations by May 31, 2015. The combined generating capacity of these plants that will be closed prior to the summer peak season is 4,400 MW.

AEP also plans to retire Clinch River, Unit 3 (235 MW), in Virginia; Big Sandy, Unit 2 (800 MW), in Kentucky; and the Beckjord Generating Station (53 MW) and Picway, Unit 5 (100 MW) in Ohio by year-end. These closures total another 953 MW of generating capacity.

In 2016 AEP plans to retire Northeastern Station, Unit 4 (470 MW), in Oklahoma; and Welsh, Unit 2 (528 MW), in Texas. In total, these retirements will eliminate 6,586 MW of electric generating capacity.
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