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

Bush Won't Extend California Power Order

LCG, Feb. 6, 2001President Bush will allow to expire today a federal order originally put into effect by the Clinton administration's Energy Secretary Bill Richardson that required wholesale electricity firms to sell power to California's nearly bankrupt utilities, White House press secretary Ari Fleisher said yesterday.

Asked about Richardson's order, which the Bush administration had extended on January 23, Fleisher said "It shall expire tomorrow."

When Bush extended the order two weeks ago, it was made clear through incoming Energy Secretary Spencer Abraham that the emergency order would not be extended again.

A spokeswoman for the California Independent System Operator said this morning that the agency has been making preparations ahead of the order's expiration, with the assumption that it would not be extended, but would not say what those preparations might be. Cal-ISO declared it 22nd straight "Stage 3" power emergency for today, meaning it's scraping the bottom of the electricity supply barrel even with the federal order in place.

Cal-ISO, which manages the three-quarters of California's transmission grid owned by the state's regulated utilities, must get power from those utilities or independent power producers in sufficient quantities to meet demand or the grid will collapse. If sufficient power cannot be found, utilities will be ordered to cease delivering electricity to their customers, and blackouts will ensue.

Yesterday, Fleisher said the order has met with stiff opposition from utilities and officials of other Western states, particularly in Oregon and Washington where a drought has caused electricity supply problems and California's demands for power have only made things worse.

The Tacoma, Wash., municipal utility last week imposed a 50 percent rate increase on its customers because of high wholesale electricity prices.

Elsewhere in the nation's capital, Rep. Joe Barton, who heads the House Commerce Subcommittee on Energy, took a shot at California for expecting low electric rates without building new power plants. "We want to work with California, but California has to work with the rest of the country," the Texas Republican said in a speech to an American Public Power Association conference.

Barton said California has an "obligation" to modify its overly strict environmental laws that prevent the rapid construction of new generating and transmission facilities.

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