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

New England Ready for Summer, ISO Says

LCG, May 18, 2001The operator of New England's bulk power grid said yesterday that there should be a sufficient supply of electricity to meet the summer needs of the region, refuting in part a report released Tuesday by the North American Electric Reliability Council.

ISO-New England said that NERC did not take into account firm agreements with Hydro-Quebec of Canada for at least 1,500 megawatts of power.

In its Summer 2001 forecast released last month, the ISO said that despite projected record-setting demand the region should not face blackouts, but conceded that extremely hot days or an extended heat wave could require the implementation of conservation measures.

"ISO New England is forecasting an adequate supply of electricity for the New England region thissummer," Stephen G. Whitley, vice president for system operations, said. "New England does not face the supply problems that are at the root of the crisis in California. Because of the addition of several new power plants throughout the New England region over the past two years, the growth in supply is outpacing the growth in demand."

With 1,000 megawatts of new electric generation added since June 2000, and another 1,600 megawatts expected to be on-line this summer, New England projects a reserve margin of almost 19%, which is higher than most other areas of the country, the ISO said.

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