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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

AWEA Reports Near Record Fourth Quarter Finish for U.S. Wind Projects in 2016

LCG, February 17, 2017--The American Wind Energy Association (AWEA) released its U.S. Wind Industry Fourth Quarter 2016 Market Report. The U.S. wind industry achieved its second strongest quarter on record, with 6,478 MW of wind capacity installed during the fourth quarter.

AWEA reports that 8,203 MW of new electric generating capacity was installed in 2016, which is slightly below the 8,598 MW installed in 2015. The U.S. annual capacity installation record of 13,000 MW was set 2012.

The cumulative installed capacity in the U.S. is now 82,183 MW, which is more than double the 40,283 MW of installed capacity at the end of 2010. With the completion of the 30 MW Block Island wind project off the coast of Rhode Island, the installed capacity of the U.S. now includes offshore wind.

The outlook for more wind turbine installations is positive, with AWEA estimating that there are now 10,432 MW under construction, plus 7,913 MW in advanced development, for a total of 18,344 MW of new wind capacity in the pipeline.

Texas continues to lead in both cumulative and installed wind capacity, with 20,321 MW installed, including 2,611 MW added in 2016. Trailing Texas, distant runner-ups in cumulative installed capacity are Iowa (6,917 MW), Oklahoma (6,645 MW) and California (5,662 MW).

AWEA's report highlights that GE Renewable Energy and Vestas captured a combined 85 percent of the U.S. wind turbine market during 2016, while Siemens captured another ten percent of the U.S. market.

AWEA noted the continuing trend of non-utility companies contracting for power from new wind farms. In 2016, non-utility entities accounted for a significant quantity of wind farm capacity contracts (1,574 MW).
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