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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

BG&E Wins Another Round from Mapsa

LCG, Sept. 22, 2000A Baltimore City Circuit Court judge yesterday issued a 25-page order and opinion upholding the approval by the Maryland Public Service Commission of the electric restructuring settlement agreement with Baltimore Gas & Electric Co.

That agreement had been challenged by a New Jersey organization which claims to represent out-of-state electricity marketing companies that want to do business in Maryland. Among other things, the Mid-Atlantic Power Supply Association complained that BG&E had set its standard offer service rate so low it was hard to compete with.

Yesterday's decision by Judge Albert J. Matricciani Jr. was the fourth or fifth in the utility's favor, as Mapsa seems to have the uncanny ability to keep finding new venues in which to bedevil the utility.

Christian H. Poindexter, chairman, president and chief executive of Constellation Energy Group Inc., BG&E's parent holding company, said Judge Matricciani's order "lifts any lingering uncertainty from customer choice of electricity in Central Maryland."

Frank O. Heintz, BG&E chief executive, pointed out that "Despite Mapsa's efforts, one of its out-of-state members already has signed more than 100 large retail electric customer accounts here in Central Maryland."

To date, some 26 suppliers, brokers, and aggregators have been licensed by the PSC to competefor retail electric sales, and 7 more have applications under review, the company said.

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