AEP Will Proceed with North Central Wind Projects Despite Texas Commission Denying Approval

LCG, July 8, 2020--American Electric Power (AEP) announced last Thursday that, following the PUC of Texas not approving AEP subsidiary Southwestern Electric Power Co.'s (SWEPCO) plan to add 309 MW of wind energy to serve Texas customers, AEP will proceed to acquire the entire planned 1,485 MW of North Central wind projects.

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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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Industry News

Enron Inks Billion Dollar Deal with Hotel Chain

LCG, Sept. 7, 2000Enron Energy Services and Starwood Hotels & Resorts Worldwide Inc. said yesterday they have signed a 10-year energy management deal worth more than $1 billion.

Starwood chief operating officer Robert F. Cotter said the arrangement will save the company $200 million in energy costs at its Sheraton, Westin, St. Regis and other properties over the life of the contract.

Under the agreement, the Enron Corp. subsidiary will provide or procure electricity and natural gas and manage the hotel chain's energy "infrastructure." Cotter said the reduced energy consumption in the company's hotels will result "in a huge cost savings and more environmentally friendly operations."

Lou Pai, chief executive of Enron Energy Services noted that Starwood was the first hospitality company to outsource energy management. "To ensure predictable and lower energy prices, weare providing Starwood the full range of our energy management services including commoditymanagement, energy asset management and project management," he said.

Times are changing, observed Glenn Tuckman, Starwood's senior vice president for operations. "A decade ago, if we had tried to aggressively conserve energy in our hotels, it would have been very apparent to our guests, and not in a good way. Light bulbs would have taken a few seconds to turn on and would have appeared dim at first; the TV remote control would not have worked properly and the temperature in guest rooms would have been erratic."

He said things are different now. "We want every hotel associate to treat our hotels as they would their own home -- after all, we all know to turn off lights when we leave a room in our house, but somehow, when it is a hotel, or office building or any other large public space, we just assume it's someone else's job to watch energy." He added "A little personal energy conservation will go a very long way."

Pai said Enron would provide Starwood with "the full range of our energy management services including commodity management, energy asset management and project management."

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