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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

DTE, Entergy to Build 320 Megawatt Illinois Plant

LCG, May 31, 2001Subsidiaries of DTE Energy Inc. and Entergy Corp. said yesterday they would build a jointly-owned 320 megawatt natural gas-fueled power plant in the village of Crete, Ill., about 30 miles south of Chicago.

DTE Energy Services and Entergy Wholesale Operations said the plant could be built in about a year's time and have scheduled commercial operation for June 2002.

"The electric output from this facility will be available in time to supply additional electricity to theregion during high-demand periods next summer," said Barry G. Markowitz, president of DTE EnergyServices. "In addition to the power, the Crete plant will help fuel economic growth in the area as thefirst tenant in the Crete Industrial Park."

Natural gas delivery for the project will be provided through the recently completed Vector Interstate Pipeline. The Vector pipeline is partially owned by MCN Energy Inc., which will become part of DTE Energy as a result of a merger between the companies, expected to close May 31.

The new facility will be operated by Entergy Operating Systems Inc.

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