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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

Newsmakers

Anne F. Appleby has joined Oglethorpe Power Corp. as vice president for finance. Most recently, she was senior vice president for credit products with Bank of America, leading a team of debt specialists in Georgia and Tennessee.

Stephen L. Baum, vice chairman, president and chief executive of Sempra Energy Inc., has been appointed chairman, succeeding Richard D. Farman, who has retired from the company.

Kevin Fox has been named senior vice president and general manager of the commodity services group of Aquila Energy, a wholly owned subsidiary of UtiliCorp United Inc. He most recently was vice president and portfolio manager, responsible for all aspects of electricity trading.

David Kyle, president of Oneok Inc., has been elected chairman and chief executive officer, succeeding Larry Brummett, who died last week of cancer. Kyle began his career with Oklahoma Natural Gas Co. in 1974.

Greg A. Lohnes has joined Great Lakes Gas Transmission Co. as president and chief executive. He moves to Great Lakes from TransCanada PipeLines Ltd., where he most recently was vice president for global strategy and business development in the company's international business unit.

Rebecca P. Mark has resigned as a director of Enron Corp.. She has also resigned as chairman and chief executive of Azurix Corp., a water resources company spun off from Enron.

Deaths

Larry W. Brummett, chairman and chief executive of Oneok Inc., and a long-time community leader in Tulsa, has died following a two-year battle with cancer. He was 49. Brummett became chairman, chief executive and president of Oneok in 1994. He joined Oklahoma Natural Gas in 1974.

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