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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

ERCOT Board Endorses ETT's 345-kV Transmission Project

LCG, September 23, 2011--The Electric Reliability Council of Texas (ERCOT) Board of Directors Tuesday endorsed a 345-kV electric transmission project from the Laredo area into the Lower Rio Grande Valley. The project proposal is from Electric Transmission Texas LLC (ETT), a joint venture between subsidiaries of American Electric Power and MidAmerican Energy Holdings Company.

The Board characterized the $300 million project as "critical to reliability." Last February, Texas experienced rolling blackouts during an extremely cold period, when electric loads were high and a number of generators experienced difficulties in delivering power to the grid.

ETT's President stated, "The endorsement from the ERCOT board clearly establishes the need for this transmission project and paves the way for a Certificate of Convenience and Necessity (CCN) application from the Public Utility Commission of Texas (PUCT). Currently, there are only two 345-kV transmission lines serving the Valley. Both of the existing lines import power from the Corpus Christi area and run parallel to the Gulf Coast, which means both are vulnerable to hurricanes and other severe weather. The import capacity of these lines is limited, and the ability to schedule maintenance often can be a problem."

The 345-kV transmission project will extend approximately 163 miles and connect ETT?s Lobo Substation near Laredo with substations north of Edinburg. In addition, the Board supported the need for AEP Texas to reconductor two existing 345-kv lines and to upgrade substation facilities. These improvements are estimated to increase the project cost by $225 million. Given timely environmental and regulatory approvals, ETT anticipates that the project will be completed for 2016.
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