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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

Immediate Restart on Taiwan Nuke Construction

LCG, Feb. 14, 2001The Taiwan cabinet said this morning that construction on the island nation's fourth nuclear power plant will resume immediately, ending three month's of political stalemate.

Premier Chang Chun-hsiung, the number three ranking political official in the Republic of China, said "To me this is a bitter decision and unavoidable responsibility." He pointed out that his Democratic Progressive Party was in a minority in parliament with just 66 seats in the 220-member legislature, which is controlled by the rival Nationalist Party.

The $5.4 billion (U.S.), 2,700 megawatt nuclear power plant was a third complete when the DPP government ordered construction halted last October. President Chen Shui-bian had been elected almost a year ago on an anti-nuclear platform and the restart of construction is his first major political defeat.

The resumption of construction does not mean the nuclear power controversy is over. The DPP said it would support a nationwide anti-nuke protest planned for February 24 and would encourage its members to take part.

The power plant is backed by the Nationalists and by Taiwan's business community because of the possibility of future power shortages. The Nationalist Party, heir to the Kuomintang of Chiang Kai-shek, had held power for more than 50 years until elections last March returned the DPP's Chen. Now, the Nationalist may use this defeat to mount an effort to unseat the new President.

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