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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

Newsmakers

Bruce R. Albertson, president and chief executive officer of Zip drive maker Iomega Corp., has been named to the board of directors of MDU Resources Group Inc.

Judy M. Anderson has been named a senior vice president of Georgia Power Co. and president of the Georgia Power Foundation Inc. She was also elected president of the SouthernCompany Charitable Foundation Inc. Anderson most recently was Georgia Power's vice president and corporate secretary.

Gary Ely, president and chief executive of Avista Corp., has been elected to the additional post of chairman, succeeding Larry Stanley, who is retiring. Ely is a 34-year veteran of the company and its predecessor, Washington Water Power Co.

Peter Kelley, president and chief operating officer of Southern Union Co., has resigned for health reasons and been replaced by Thomas Karam, who currently heads PG Energy, Southern Union's Pennsylvania division.

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