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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

Big First Quarter Gains in New Wind Turbine Capacity in U.S.

LCG, May 4, 2017--The American Wind Energy Association (AWEA) released on Tuesday its new U.S. Wind Industry First Quarter 2017 Market Report. AWEA's evaluation concludes that a total of 908 utility-scale turbines were installed in the first quarter of 2017, adding 2,000 MW of electric generating capacity. According to AWEA, the installations represent the wind industry's strongest start in eight years. AWEA's CEO stated, "We switched on more megawatts in the first quarter than in the first three quarters of last year combined."

Twelve states commissioned a total of 25 projects during the first quarter. Texas continues to be the national leader, installing 724 MW in the first quarter, with a total of 21,000 MW now installed. Kansas, New Mexico and North Carolina followed in first quarter installations, with 481 MW, 242 MW and 208 MW, respectively.

Looking ahead, AWEA reports that there are now 9,025 MW of new wind generation capacity under construction, plus 11,952 MW in advanced development, for a total of 20,977 MW of wind capacity. With respect to power purchase agreements (PPAs), AWEA reports that there were 1,781 MW signed in long-term contracts for wind energy, the most in a first quarter since 2013.
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