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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

CMS, Co-op Plan 400 Megawatt Illinois Plant

LCG, May 11, 2001CMS Energy Corp. said yesterday that it will partner with electric cooperative EnerStar Power Corp. in development of a 400 megawatt natural gas-fueled power plant southeast of Champaign, Ill.

The $160 million CStar Energy Project would be built on a reclaimed coal mine site between the Illinois towns of Murdock and Newman and be capable through its first phase of generating about 200 megawatts of electricity during times of heavy electric demand, with a second phase of another 200 megawatts planned.

The companies said the Douglas County Board of Commissioners has endorsed the project and permitting applications have been filed with state authorities. CMS will own 56 percent of the project and EnerStar the balance.

"We need a diversified power supply portfolio in order to control our power supply cost," said Tom Hentz, EnerStar president and chief executive. "We've seen the risk involved in the new deregulated market and one way to control risk is diversification. We also want to control our own destiny and one way to do that is to own a portion of our own generating plant."

For fuel, the new plant will tie into a CMS Panhandle Eastern Pipe Line Co. pipeline not far from the site. Expected dates of construction and completion were not disclosed.

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