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

Cinergy to Build Replacements for BP Power Plants

LCG, Feb. 13, 2001Cinergy Corp. said yesterday its Cinergy Solutions unit would build and operate 800 megawatts of new generation at two Texas facilities belonging to BP Amoco Plc. The new units will replace aging power plants and will cut emissions significantly, the company said.

Cinergy said new natural gas-fueled cogeneration units would be installed at BP's Texas City and Chocolate Bayou refinery and chemical plants, providing more than 3.5 million pounds of process steam per hour to the petroleum giant's operations.

"Our record is to offer the most efficiently produced, reliable energy we can at the lowest possiblecost," Steve Harkness, Cinergy Solutions' president and chief operating officer said in a news release. "We know that it's possible to achieve efficiency while making environmental excellence and safety priorities."

The Chocolate Bayou project is expected to be completed in 2002 and that of Texas City in 2004.

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