EnergyOnline

PRESS RELEASE

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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2019 ERCOT Outlook report available from LCG Consulting

LCG, January 8, 2019 --Texas continues to see growth in renewable energy resources. In 2018, ERCOT endorsed major transmission projects to serve load growth while relieving congestion in the Far West region. New import and export capabilities are also on the horizon, such as through the integration of Lubbock Power & Light and the possible Southern Cross transmission project.

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Impacts of High Variable Renewable Energy Futures

May 23, 2018 -- Lawrence Berkeley Lab partnered with LCG Consulting to study variable renewable energy (VRE) scenarios to offer a long-range view of how current choices could impact their future ability to cope with changes in the electric sector.

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ERCOT 2018 Summer Quarter Outlook

LCG, July 16, 2018-- LCG released a new third quarter (July – August 2018) report that looks at how the ERCOT grid can cope with strained network conditions.

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NEWS

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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Energy Market Forecasts and Actuals

MarketVision Forecasts
CAISO Jul 2019
Energy Price (Actuals)
ERCOT $17.2
MISO $29.48
NYISO $15.49
NEISO $17.19
CAISO $23.1
PJM $20
Load (Actuals)
ERCOT 61345 MW
MISO 77077 MW
NYISO 16875 MW
NEISO 13286 MW
CAISO 26524 MW


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