AWEA Issues Fourth Quarter 2019 Market Report

LCG, February 7, 2020--The American Wind Energy Association (AWEA) recently released its new U.S. Wind Industry Fourth Quarter 2019 Market Report. AWEA reports new wind turbine installations have added 5,476 MW of electric generating capacity during the fourth quarter, which results in 2019 installations totaling 9,143 MW. The total installations represent an increase over 2018, but the total for 2019 falls short of total annual installations for 2015 and 2016. In addition to new capacity additions, developers completed 2,500 MW of turbine repowerings for the year.

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Duke Energy Florida Announces New Solar Power Projects

LCG, January 29, 2020--Duke Energy Florida (DEF) Monday announced the locations of its two newest solar power plants that will provide a combined installed capacity of nearly 150 MW. DEF is investing an estimated $1 billion to construct or acquire a total of 700 MW of cost-effective solar power facilities from 2018 through 2022 in Florida, and planning for another 1,500 MW of solar generation through 2028.

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Industry News

AEP to Build 900 Megawatt Cogenerator for Dow

LCG, Jan. 22, 2001American Electric Power Co. said this morning that it had signed a deal with Dow Chemical Co. for AEP to develop and build a 900 megawatt cogeneration plant at Dow'sPlaquemine, La., chemical complex.

Dow will operate the plant, which will provide steam to the chemical plant and handle some of its electricity needs. AEP said it has reached a 20-year agreement to sell up to 900 megawatts from the facility to Tractebel Energy Marketing Inc., subsidiary of the Belgian energy and services giant.

"This project is another example of AEP's ability to successfully link its technical and commercialskills to meet our customers' needs," said Paul Addis, an executive vice president.

Dow's energy business director, Bill Jewell, said "This power plant will enable Dow to be more energy efficient and allow us to grow to meet the needs of our customers."

Construction of the $325 million facility will begin this year, with startup scheduled for early 2003.

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