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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

PG&E Files Agreements for 107 MW of Solar-Biofuel Hybrid Power

LCG, June 13, 2008--Pacific Gas and Electric Company (PG&E) has executed two, 20-year power purchase agreements (PPA's) with San Joaquin Solar LLC, a subsidiary of Martifer Renewables Electricity LLC, for a total of 107 MW of renewable power that will be generated by a solar-biofuel hybrid system. PG&E filed the agreements yesterday with the California Public Utilities Commission (CPUC). The project is scheduled to commence operations in 2011.

The solar-biofuel hybrid system incorporates Luz solar thermal trough technology and biomass fuel to generate steam that is used in a steam turbine to generate electricity. By using biomass fuel, the plant is not solely dependent upon solar energy and can generally produce power 24 hours per day throughout the year. Each solar-biofuel hybrid project will use about 250,000 tons of biomass per year. The biomass used will include agricultural wastes, green wastes and livestock manure.

The plant will consist of two units and will be located in California's Central Valley near Coalinga. Martifer will own 80 percent of the plant, and Clean Energy Ventures will own the remaining 20 percent.

California passed a Renewable Portfolio Standard (RPS) Program that requires utilities to increase their electric supply procurement of eligible renewable generating resources by one percent of load per year, with a 20 percent renewables target by the end of 2010 and a 33 percent target by the end of 2020. PG&E has made contractual commitments to have over 20 percent of its future deliveries supplied by renewable facilities. This year PG&E estimates that 14 percent of its electricity will be delivered from renewable sources.
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