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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

Argentina Lawmakers Halt Electric Dereg

LCG, Sept. 13, 2001--The Argentine Chamber of Deputies has approved legislation which overrides a presidential decree deregulating the electricity market, AFX News reported yesterday.

Opposition to deregulation was based on fear that it would result in higher prices for electricity, the news service said. Other critics of deregulation said it favored power trading companies at the expense of other market participants.

Under the presidential deregulation decree, the Argentine electric sector was to be opened to competition this month, but opposition had already caused that deadline to be moved back to next February.

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