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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

FERC Decision on CA Long-Term Contracts Due in March

LCG, Jan. 17, 2002--An Administrative Law Judge for the Federal Energy Regulatory Commission, Bobbie McCartney, has sent California's dispute over long-term contracts signed during 2000 and 2001 to three commissioners, and said that re-signing the contracts must be shown to be in the public interest for the state to succeed.

McCartney said that the precedent used to determine the standard came from the "Mobile Sierra" rulings by the Supreme Court in the 1950s. Thus, FERC will decide whether California is able to show that new contracts are in the public interest. "The parties did not retain the right to unilaterally seek changes to their contracts, nor did the parties intend to do so," McCartney's ruling stated.

In some matters before FERC, another criterion is used for assessing the validity of contracts, which must be found "just and reasonable," as defined in the Federal Power Act. The commissioners have promised that they will render a decision by the end of March.
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