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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 Ohio Issues RFP for 400 MW of Solar Electric Generating Capacity

LCG, October 20, 2017--AEP Ohio, an American Electric Power (AEP) company, Tuesday issued a Request for Proposals (RFP) for up to 400 MW of solar energy resources in Ohio. Proposals are due December 18, 2017. The target date for the start of commercial operation for the solar resources is December 31, 2021.

AEP Ohio committed to pursue the development of 400 MW of solar and 500 MW wind generation resources in an agreement approved by the Public Utilities Commission of Ohio (PUCO) in 2016. AEP Ohio or AEP affiliates will have the right to own up to 50% of such projects on an aggregate net basis. The renewable energy projects must be approved by the PUCO.

Proposals will be evaluated based on criteria outlined in the RFP, including preference given to sites that are located in Appalachian Ohio, create permanent manufacturing jobs in the region and commit to hiring Ohio military veterans.

The minimum nameplate bid size for this RFP is 50 MW. Bidders may aggregate multiple sites in a single Proposal (with a single Bid Price) in order to satisfy the minimum bid size, provided that the minimum size for any site in an aggregation group is 10 MW. The Renewable Energy Purchase Agreement (REPA) will have a 20-year term.

AEP Ohio customers currently receive renewable generation service through long-term power purchase agreements (PPAs) with the 10 MW Wyandot Solar Farm and the 100-MW Fowler Ridge and 99-MW Timber Road wind farms.
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