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

Nuke Corrosion Costs Burden Ohio Plant

LCG, March 26, 2002-Investigations regarding regarding reactor corrosion may keep nuclear plants shut down.

Boric Acid in an Ohio nuclear plant corroded the cap of the reactor, forming a significant hole.

The Nuclear Regulatory Commission (NRC) ordered that 69 pressurized water reactors be inspected after the hole was found in the 25-year-old David-Besse plant. Special attention will be given to the six reactors sharing the same Babcock and Wilcox construction as the David-Besse reactor.

The damaged reactor will take three months to two years to repair, depending on whether or not a new reactor head will need to be constructed. In the meantime the plant will be forced to pay ten to fifteen million dollars monthly to buy power in order to sustain its 7 percent of company FirstEnergy's total energy. Repairs will cost at least $10 million and replacing the head would cost $20 million.

Midwest wholesale power prices for deliveries next summer increased by twelve percent last week, possibly caused by energy traders who fear limited energy supply.

Corrosion has been found in reactor nozzles of other plants, but none of the damage is nearly as serious as that at the David-Besse reactor. Plants and generators anxiously wait for inspectors from NRC to approve their reactors.

Officials say corrosion of this type poses no public risk.

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