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JEA Board Approves Transaction with FPL to Close 848-MW Coal Unit in Georgia

LCG, June 30, 2020--The JEA Board of Directors in a special meeting last Friday unanimously approved a transaction that will result in closing an 848-MW unit at Plant Scherer and entering into a 20-year purchase power agreement (PPA) with Florida Power & Light Company (FPL).

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Analysis of Resource Adequacy in ERCOT - July - December 2020

LCG, June 30, 2020 - LCG Consulting just released its analysis of ERCOT for the second half of 2020, July through December.

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Industry News

Alabama PSC Approves Mix of Natural Gas Resource Additions for Southern Company

LCG, June 12, 2020--The Alabama Public Service Commission (PSC) voted unanimously on Tuesday to authorize Southern Company to buy, build or contract for nearly 2 GW of natural gas resources to meet resiliency needs.

Alabama Power, a Southern Company subsidiary, had previously announced that it will switch from a summer-peaking to a winter-peaking system. It had also proposed new solar installations, energy efficiency, as well as natural gas additions.

Alabama Power‘s proposed gas expansion plan includes (i) the purchase of an Autauga County gas-fired power plant with a 915 MW winter capacity, (ii) the installation of 726-MW combined cycle facility at the Barry Electric Generating Plant, and (iii) completion of a power purchase agreement (PPA) in 2020 for the entire capacity of the combined cycle Hog Bayou Energy Center, which has a winter capacity of 238 MW and is located in Mobile. The new energy facility at the Barry Steam Plant (which currently includes both coal-fired and natural gas-fired units) is expected to be on-line in November 2023.

The PSC approved 200 MW of programs to increase energy efficiency and mitigate peak energy usage. The PSC did not approve five proposed solar facilities with battery storage, which would have totaled 400 MW. These resource additions are expected to be considered in a separate docket focused on procurements. The PSC still must issue a final order on the resiliency plan.
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