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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

Duke Files to Build Two Coal-fired Units at Cliffside Steam Station

LCG, June 7, 2006--Duke Energy Carolinas filed on June 2 an application and supporting testimony with the North Carolina Utilities Commission to expand and upgrade the Cliffside Steam Station, located in Rutherford and Cleveland counties, North Carolina. The "Certificate of Public Convenience and Necessity" (CPCN) application includes provisions to construct two, 800-MW coal-fired units.

Duke filed preliminary CPCN information for the Cliffside project with the North Carolina Utilities Commission in May 2005. The potential investment to build the two electric generating units is $2 billion. The first unit is scheduled to commence operations in 2011.

Duke's proposal for Cliffside includes the retirement of units 1-4, with a capacity of 160-MW.

The expansion at Cliffside is in addition to Duke's planned construction of two new nuclear reactors that would be jointly developed with Southern Company and located in South Carolina. "It is fundamental to our new generation strategy, which also includes moving ahead with an option to build a 2,234-megawatt nuclear plant in Cherokee County, South Carolina, and pursuing additional conservation programs and renewable technologies," said Duke Energy Carolinas President Ellen Ruff.
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