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AEP Will Proceed with North Central Wind Projects Despite Texas Commission Denying Approval

LCG, July 8, 2020--American Electric Power (AEP) announced last Thursday that, following the PUC of Texas not approving AEP subsidiary Southwestern Electric Power Co.'s (SWEPCO) plan to add 309 MW of wind energy to serve Texas customers, AEP will proceed to acquire the entire planned 1,485 MW of North Central wind projects.

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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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Industry News

California Signs 5-Year Contract with Calpine

LCG, January 7, 2003-Today Calpine Corporation announced that it had signed a five-year contract with California utility Pacific Gas & Electric.

Calpine has agreed to provide 110 megawatts of on-peak renewable power and 55 MW of off-peak power to PG&E starting January 1st. The company expects to take in $40 million annually from the sale of this power.

The California Public Utilities Commission approved the deal on December 18.

Calpine is based in San Jose, California. The company is currently negotiating other energy contracts for as much as 5,000 megawatts worth of capacity.

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