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

FERC Okays Cross-Gulf Gas Pipeline

LCG, Feb. 22, 2001-- The Federal Energy Regulatory Commission yesterday gave its final approval to the Gulfstream pipeline sponsored by Williams Companies and Duke Energy Corp.

The new pipeline will carry natural gas across the Gulf of Mexico from Mississippi and Alabama to feed increasing demand in Florida, where as much as 10,000 megawatts of new electric generating capacity is expected by 2007.

New power plants planned for Florida are to be fueled by natural gas and several large existing plants are being converted to burn the cleaner fuel.

The 744-mile Gulfstream project will originate near Pascagoula, Miss. and Mobile, Ala., cross more than 400 miles under the Gulf of Mexico to a point in Florida south of Tampa, and then continue another 300 miles across the peninsula to a terminus near Palm Beach.

The project, which is scheduled to begin delivering some 1.1 billion cubic feet of natural gas per day in June of next year, is expected to cost around $1.6 billion.

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