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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

Maritimes Pipeline to Provide Gas to New Hampshire Plant

LCG, May 18, 2001The Maritimes & Northeast Pipeline LLC said yesterday it reached an agreement with an ad hoc subsidiary of Consolidated Edison Inc. to provide natural gas transportation service to a 525 megawatt power plant currently under construction in Newington, N.H.

The plant, being developed by Con Edison affiliate Newington Energy LLC, is scheduled to begin commercial operation next year. Maritimes & Northeast intends to build a connection to the plant from an existing lateral near the plant.

"With natural gas from the Maritimes pipeline, we will be able to produce cleaner, low-costelectricity for the people of New Hampshire and New England," said Michael Madia, a Newington vice president.

Maritimes & Northeast transports natural gas from the Sable offshore project near Nova Scotia. When the pipeline went into service last year, it bought gas to parts of the U.S. Northeast that had never had the fuel.

Maritimes & Northeast is jointly owned by affiliates of Duke Energy Corp. (37.5 percent), Canada's Westcoast Energy Inc. (37.5 percent), Exxon Mobil Corp. (12.5 percent); and Emera Inc. of Nova Scotia (12.5 percent).

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