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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

PG&E Unit Begins Building Big Arizona Power Plant

LCG, May 22, 2001PG&E Corp.'s National Energy Group, an affiliate of bankrupt California utility Pacific Gas & Electric Co., began construction yesterday of a 1,048 megawatt natural gas-fueled, combined cycle merchant power plant on a site 70 miles west of Phoenix, Ariz.

The Harquahala Generating Plant is scheduled to begin commercial operation in mid-2003. According to the National Energy Group, the plant will provide 35 full-time jobs when completed and will spend between $6 million and $7 million annually on local purchases. The facility will also generate more than $10 million a year in local property taxes.

Among those present at a ground breaking ceremony were Maricopa County Supervisor Mary Rose Wilcox and Arizona Corporation Commissioners Jim Irvin and Marc Spitzer. Tom Boren, chief executive of the national Energy Group, presented Wilcox with the first of 11 checks for $50,000 to the Harquahala Generating Community Fund.

Wilcox, in turn, said she was confident that the company would be careful about the environment "in the spirit of good corporate citizenship."

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