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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

Virginia Power Plant Faces Opposition

LCG, Sept. 17, 20A plan by the U.S. arm of Belgian utility Tractebel to build a power plant in northernmost Virginia is meeting with strong local "not in my backyard" sentiment as well as opposition from the Virginia State Corporation Commission.

Tractebel has plans for either a 1,400 megawatt facility or a smaller, 535 megawatt plant, either of which would be fueled by natural gas and built on an 82 acre site south of Leesburg. Power would be sold into the regional wholesale market once the Virginia electric industry opens to competition next year.

Much of the opposition to the plant comes from residents of the semi-rural countryside who live within commute distance of the national capital. These days, when you buy a farm you don't want anything as ugly as a tractor to spoil the view. Local critics also contend that the plant would be built to provide power to out-of-state customers.

The Loudoun County Board of Supervisors, which would be required to approve a zoning change for the larger version, unanimously opposed any plant on the Leesburg site.

In August, the staff of the Virginia Corporation Commission recommended that the commission's examiner deny Tractebel's application to build the plant. The staff report cites the local opposition, zoning appeals by critics of the project and uncertainty surrounding gas delivery to the proposed plant.

Tractebel's Mark Berry still confident the plant well get state approval. "We don't want to presuppose what the commission will do," he says "but of course we are optimistic." He also rebuts critics who argue the plant is built to provide energy for New York and other far-off places.

"Our intention is to sell in Virginia," he says.

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