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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

Another NYC Plant Catches Fire

LCG, July 30, 2002-The transformer at the 1,254 MW Astoria power station, owned by Reliant Resources, caught fire on Monday night at about 11:30.

The second transformer fire in New York City this month initially caused safety systems at the plant to shut down two generating units, although eventually all four units went off line. 5,000 Consolidated Edison customers lost electricity service for a few hours.

Electricity demand is expected to be very high in New York City this week because of high temperatures, and plant operators managed to bring all four units back on line in time for the afternoon's peak demand.

No injuries were reported, and a small amount of oil leaked into the East River.

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