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

TransCanada Completes Ontario Power Plant

LCG, Aug. 17, 2000--TransCanada PipeLines Ltd. said yesterday its TransCanada Power unit had completed construction of its Calstock power plant adjacent to the companys Canadian Mainline natural gas pipeline compressor station near Hearst in the province of Ontario.

"We are pleased with the completion of the Calstock facility, which is a value-added addition to (our) portfolio of high-quality power facilities," said Doug Baldwin, TransCanada's chief executive.

The Calstock power plant is a 35 megawatt facility fueled two-thirds by wood waste and one-third by waste heat from the compressor station. Power generated by the plant is sold under a 20-year contract to Ontario Electricity Financial Corporation, a successor to Ontario Hydro.

TransCanadatransports about 77 per cent of western Canada's natural gas production over its 24,000 miles of pipeline, with 60 per cent of total volume delivered to the United States.

TransCanada Power owns six operating power plants in Canada and the U.S. and expects to have a seventh plant in operations this quarter. The total generating capacity of the firm is 328 megawatts.

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