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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

Taiwan Premier Will Quit if 4th Nuke Not Approved

LCG, Sept. 18, 2000Premier Tang Fei of the Republic of China said this morning that he strongly favors completion of Taiwan's fourth nuclear power plant and would resign if the project is scrapped.

Tang told legislators that he was not yet in a position to make a decision on whether to complete the plant and was expressing his personal views when he said the facility should be finished. He noted that the Economics Ministry and other government agencies have not yet issued their reports.

The premier said completing the plant made economic sense and was important to the continued economic development of Taiwan.

Though Tang will make the final decision of whether to complete the plant, he said he would resign if President Chen Shui-bian and the ruling Democratic Progressive Party did not agree with his position.

Chen has opposed the completion of the plant but said on Saturday that he would respect the conclusions of an expert commission evaluating the project under the auspices of the Economics Ministry.

Economics Minister Lin Hsin-i said that the plant, which is about a third complete, would cost around $3 billion if it was scrapped. About half of that could be recovered, he said, by selling the two reactors to Japan and using the fuel which has been contracted for at Taiwan's other nuclear power plants.

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