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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

GE Increases Investments in Texas Wind Projects

LCG, November 2, 2007--GE Energy Financial Services, a unit of General Electric Company, announced yesterday its investment in a wind farm located in west Texas with Invenergy Wind LLC. Construction began this summer, and the project is scheduled to commence operations in April 2008.

The project, the Stanton Wind Energy LLC project, has a design capacity of 120-MW and will include 80 GE 1.5-Mw wind turbines. The project will interconnect with the Midland East to Big Springs West 138 kV line. Electricity generated by the project will be sold into the ERCOT market.

According to GE Energy Financial Services, the company holds equity in 51 wind farms around the world, with an electric generating capacity of over 2.5 GW. GE plans to double its more than $2 billion of renewable energy investments by 2010.
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