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

Floating Offshore Wind Turbine Shows Promise

LCG, June 20, 2012--Vestas, EDP, Energias de Portugal, Repsol, Principle Power, A. Silva Matos (ASM) and InovCapital recently announced that a Vestas v80 2.0 MW turbine - placed on innovative floating foundation called WindFloat - has been wet-towed to an offshore location approximately 5 km off the Portuguese coast at Agu?adoura and has already produced in excess of 1.7 GWh.

The new, floating foundation enables offshore windfarms to be developed in deep water and avoids the need for heavy lift vessels or piling equipment at sea. For Portugal's first offshore wind turbine, the final assembly, installation and pre-commissioning of the turbine and substructure took place on land in a controlled environment, with the complete system towed into position using simple tug vessels. With the floating foundation, wind farm siting criteria becomes independent of water depth, which will open up new, offshore areas for consideration of wind farms.

Vestas CEO stated, "Vestas has pioneered the wind turbines industry and is continuously striving to find new ways of lowering the cost of energy in offshore wind farm whilst increasing the business case certainty for our Customers. Floating foundations are one of the solutions with the highest potential for harvesting wind power in deeper waters, and the Windfloat project was a highly interesting possibility for us to help explore this area within offshore wind energy. We have been working in close collaboration with EDP and Principle Power on the project and we are very pleased with the successful integration of the turbine and the WindFloat platform. It has been an interesting and valuable experience and we are proud of the satisfactory results achieved so far."

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