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

Enron Must Surrender Documents to California Senate

LCG, Sept. 7, 2001--Enron Corp. must turn over confidential financial documents to the California state Senate Select Committee to Investigate Market Manipulation, which is probing charges of price gouging during the state's energy crisis, a state court ruled yesterday.

But the California Superior Court judge who issued the order was less than confident that state lawmakers could protect the confidentiality of the documents. Judge Charles Kobayashi also ruled that the committee that wants the financial records must provide Enron with a confidentiality agreement.

"If the committee could take the requested action in the name of the public interest, then the committee ostensibly could require newspapers to surrender their confidentiality rights, attorneys to surrender their attorney-client privilege, (and) psychiatrists to surrender their privileges," the judge wrote.

Enron said yesterday that the company has already turned over tens of thousands ofdocuments, but wanted assurances that certain sensitive documents containing proprietary tradesecrets, for example, would be protected under a confidentiality agreement.

"We are pleased with the judge's order in that he agreed that our constitutional right would beprotected," Enron spokeswoman Karen Denne said. "The issue has always been protecting the confidential documents."

She said the company would now get together with the committee to get some specific on just which documents it wants.

The committee had already asked the full Senate to cite Enron with contempt for failure to turn over its documents. Reliant Energy Inc. is also facing a contempt citation.

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