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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

NRC Will Decide on Temporary Nuclear Waste Dump

LCG, January 28, 2003-Federal officials will make a decision whether or not to license a site in Utah as a temporary nuclear waste storage facility.

The Nuclear Regulatory Commission's Atomic Safety and Licensing Board has announced that a decision may be released by the end of February regarding a proposal to store radioactive waste on the Goshute Indian Reservation, some 75 miles southwest of Salt Lake City.

The waste in question comes from nuclear power plants and consists of spent fuel rods.

Initially a decision was expected in the end of January, but the board has had to suspend its process because of unexpected interruptions relating to the chairman of the board.

Private Fuel Storage (PFS), a conglomerate of eight utilities who own nuclear assets, has offered the plan for licensing. The company is worried about delays associated with the controversial Yucca Mountain storage site in Nevada, and limited on-site storage capabilities of members' nuclear plants. PFS wants to start storing waste on the site by 2005, although Utah officials are strongly opposed to the proposal.

Many locals and organizations, such as the Native Environmental Coalition of Native Americans, are also very much opposed to the storage, especially because nuclear waste will be transported in proximity to schools and homes.

PFS consists of a partnership between the following companies: Xcel Energy, Genoa Fuel Tech, American Electric Power, Southern California Edison, Southern Nuclear Company, First Energy, Entergy, and Florida Power and Light.

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