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

Irish Government Power Auction Begins Friday

LCG, Sept. 20, 2000An auction of electricity generated by Ireland's state-owned Electricity Supply Board will begin on Friday, according to the Irish power regulator.

Tom Reeves, Commissioner for Electricity Regulation, said it was important for the auction to proceed rapidly in order for supply contracts to be negotiated by November 1, an essential step to opening the Irish electricity market to competition.

Reeves said he had hoped to complete the auction, which was originally slated for May, by the end of this month. The process was delayed by an action in Ireland's High Court brought by EPower, a new electricity supplier, which complained that regulations favored some new power producers who are expected to bid for ESB power in order to begin selling electricity while their own plants are being built.

Reeves said allowing future suppliers to bid for ESB power was a necessary incentive for them to participate in a liberalized market.

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