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

Construction Begins on 2,300 Megawatt Arizona Plant

LCG, May 24, 2001--TECO Power Services Corp. and Panda Energy International Inc. announced jointly this morning that they have begun initial construction and site preparation work on their 2,300 megawatt Gila River power station in Gila Bend, Ariz.

The big plant will be brought on line in four phases, the joint venture said, without revealing the size or timing of the phases. The companies did say that the natural gas-fueled plant would begin commercial operation in the summer of 2003.

Michael Schuyler, a TECO official, said the facility "will be one of the largest facilities in our generating portfolio. We look forward to providing needed energy to the fast-growing region of thecountry it will serve."

The companies said power from Gila River will be sold into the Arizona wholesale electricity market with excess output available to wholesale customers in California, Nevada and New Mexico.

TECO Power Services is an affiliate of Florida utility Tampa Electric Co.

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