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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

Alliant Energy Announces Agreement to Build 210 MW Wind Farm in Iowa

LCG, July 19, 2018--Alliant Energy's Iowa utility subsidiary, Interstate Power and Light Company (IPL), and Invenergy announced Monday that the companies signed contracts by which Invenergy will complete development of the 210-MW Richland Wind Farm in Sac County, Iowa. Alliant Energy will construct and own the wind farm, which is scheduled to be completed by early 2020.

The Richland Wind Farm, located in west-central Iowa, is part of Alliant Energy's resource plan to install 1,000 MW of new wind generation for its Iowa customers by the end of 2020. The expansion comes from five new wind farms in Iowa. Richland Wind Farm is the fifth and final part of this project.

The president of IPL stated, "Wind energy is a win for Iowans and especially our customers. Because there is no fuel cost associated with wind generation, when complete, our five new wind farms will produce cost-effective, clean energy for our customers for decades."

Alliant Energy's $1.8 billion investment in wind energy supports the company's plan to reduce carbon dioxide emissions by 40 percent (relative to 2005 levels) by 2030.

Alliant Energy received approval from the Iowa Utilities Board (IUB) in 2016 to add up to 500 MW of wind energy, and the company requested a similar expansion from the IUB again in 2017. Through this expansion, combined with existing wind farms and market purchases, the company has previously stated that it expects wind to provide approximately one-third of its total electric generating capacity in Iowa by the end of 2020.

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