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

British Energy Willi Receive Government Loan

LCG, Sep. 9, 2002--The struggling British Energy will be the recipient of a £410 million ($640 million) loan from the U.K. government, to be repaid with interest by September 27th, according to the Department of Trade and Industry (DTI).

An official who spoke on condition of anonymity said that an extension of the loan had not been expressly ruled out. A deal that had been under discussion between British Energy and British Nuclear Fuels Limited (BNFL) would have lowered British Energy's cost of processing spent nuclear fuel by about $476 million annually. The Treasury, however, blocked the deal at the last minute, under protest by the DTI.

The cost of processing fuel is a delicate issue, as some in the government have considered whether the fuel might be stored instead. Such a change would severely impact BNFL, which is experiencing its own financial difficulties. BNFL lost $3.6 billion last year.
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