EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

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).

Read more

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.

Read more

Industry News

Millstone 3 Nuclear Plant Runs 585 Days at 99.9 Percent

LCG, June 5, 2001As Northeast Utilities' 1,154 megawatt Millstone Unit 3 nuclear power plant coasted down for a refueling outage Saturday, the company said that the once-troubled plant had operated for a record 585 continuous days and had turned in a capacity factor of 99.9 percent over that period.

In the early 1990s, cost-cutting was the by-word at Northeast's nuclear plants, with the result that its Connecticut Yankee plant in Haddam Neck, Conn., had to be permanently shuttered and its three-reactor Millstone complex near Waterford, Conn., was shut down at a cost to the utility of more than a billion dollars.

The nuclear "culture" at Northeast changed in 1997 when Michael G. Morris replaced Bernard M. Fox as chief executive and Bruce D. Kenyon, a no-nonsense former nuclear Navy officer was installed as president of the utility's nuclear operations.

Millstone Unit 1 was adjudged too costly to fix, but Unit 2, an 871 megawatt reactor, and Unit 3 were brought back up to standard and restarted. Together, those two units produced 16.4 billion kilowatt-hours of electricity in 2000, Northeast said.

Last August, Dominion Resources Inc. agreed to purchase Millstone for $1.3 billion. That transaction is expected to be completed sometime in April.

Copyright © 2020 LCG Consulting. All rights reserved. Terms and Copyright
Generator X
Generation and Transmission Planning and Optimization
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
PowerMax
Day-ahead and real-time portfolio revenue optimization
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
MarketVision
Daily LMP Forecast for ERCOT
MarketWatch
Annual summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service