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

DTE Selects GE Hitachi's ESBWR

LCG, June 18, 2008--Detroit Edison (DTE) selected GE Hitachi Nuclear Energy's Economic Simplified Boiling Water Reactor (ESBWR) design for a new nuclear reactor that may be constructed at DTE's existing Fermi-2 power plant site in Michigan.

DTE notified the Nuclear Regulatory Commission (NRC) that it intends to use the ESBWR in its submittal of a combined construction and operating license (COL) application this fall.

DTE has not committed to develop a new reactor; however, it is considering the opportunity and must submit an application prior to year-end to be eligible to receive federal financial incentives set forth in the Energy Policy Act of 2005.

The ESBWR design, which has a design capacity of 1,520 MW, has also been selected by Exelon, Dominion, and Entergy.

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