Coal power

Work continues on the Barge Bridgeport
Barge Bridgeport Response

On March 14, 2021, a cargo ship called the Bridgeport departed Guayama, Puerto Rico, bound for a private port in Jacksonville. 

JEA power plant
JEA

TALLAHASSEE — Florida Power & Light on Monday asked state regulators to give approval by Dec. 1 of a plan to shut down a jointly owned coal-fired power plant in Jacksonville.

CSX train
Nate Beal / Wikimedia Commons

One of Jacksonville’s largest companies is still expecting a bad first quarter, but not as bad as it first thought.

CSX Corporation said this week  its first quarter earnings would decline by the mid- single digits, rather than the high single digits it had previously forecast.

So far this year, its volume growth is down by about 5 percent. Like the rest of the industry, CSX has been battered by a big decline in the amount of coal being shipped.

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Florida Power and Light told state regulators Tuesday it would save customers money by purchasing a Jacksonville coal-fired power plant.

The state Public Service Commission is weighing whether to approve the purchase. The regulatory panel held a hearing in Tallahassee Tuesday to hear from FP&L and opponents of the purchase, who include the Florida Office of Public Counsel. 

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A coal-fired power plant in North Jacksonville is being targeted for closure by Florida Power & Light Company. The utility company is asking the state Public Service Commission for permission to buy the Cedar Bay power plant.

Florida Power & Light Company wants to buy the plant on Eastport Road for more than $500 million by July.