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

Plans Proceed for New Nuclear Reactors at South Texas Project Electric Generating Station

LCG, August 8, 2006--GE Energy and the STP Nuclear Operating Company (STPNOC) announced yesterday that they executed project development agreement to study the deployment and commence licensing activities for two GE Advanced Boiling Water Reactors (ABWRs) to be sited at the South Texas Project Electric Generating Station (STP), located about 90 miles southwest of Houston.

STPNOC is acting as the agent for NRG Energy Inc., which owns 44 percent of STP and recently announced plans to develop the two new ABWR units, which would each have a generating capacity of about 1,500 MW. The new units would be installed adjacent to the existing STP nuclear generating station, which now consists of two pressurized water reactors, each with a capacity of 1,312 MW. The other owners of STPNOC are CPS Energy (40 percent) and Austin Energy (16 percent).

Representatives from STPNOC, NRG and GE met with the U.S. Nuclear Regulatory Commission (NRC) on July 27, 2006 to discuss plans to prepare a combined license (COL) application for the two-unit project.

The NRC issued final design certification for the GE ABWR in 1997, allowing it to be used in U.S. projects. The ABWR is a "Generation III" reactor design that is in operation today, with four operating units in Japan and two more approaching completion in Taiwan.

GE's next evolution of advanced BWR technology is the economic simplified boiling water reactor (ESBWR). The ESBR is a 1,500-MW design that incorporates passive safety features that rely upon natural forces, such as gravity, in order to reduce reliance on active, mechanical systems, like pumps and valves. GE submitted its Design Certification application to the NRC for the ESBWR in nearly a year ago. GE anticipates a full Safety Evaluation Report by late 2007, in time for COL submissions that would support the commercial operation of new ESBWRs by 2014 or 2015.
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