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

AES Proposes 500 Megawatt Long Island Plant

LCG, Sept. 28, 2000AES Corp. has approached Riverhead Town on Long Island with a proposal to build a 500 megawatt natural gas-fired power plant on 15 acres of a 50-acre site it would purchase on the edge of an industrial park, Newsday reported this morning.

"We're trying to bring competition here," said Harry Davitian, vice president of the AES subsidiary that operates the company's power plants in the Northeast. Davitian said the proposed plant could provide about one-tenth of the Island's electrical needs.

Riverhead is at the head of Great Peconic Bay, the inlet that give outer Long Island its swallow tail effect, and is on the fringe of the area called "The Hamptons."

Davitian said that the proposed Riverhead plant would provide electricity and steam to tenants of the industrial park and sell electricity in the regional wholesale power market. Joey MacLellan, executive assistant to the Riverhead town supervisor, told Newsday that "(The plant) would provide low-cost energy to the industrial park."

Newsday noted that several new power plants have been proposed for Long Island, including two in Yaphank that would be of 580 megawatts and 750 megawatts and another in Kings Park that would generate 300 megawatts.

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