Tampa Electric Plans to $800 Million Investment in New Solar Power Generation

LCG, February 24, 2020--Tampa Electric recently announced plans to expand its use of solar power to meet customer needs in Florida. The company plans to invest approximately $800 million to add 600 MW of solar electric generating capacity by the end of 2023, when the total solar capacity would exceed 1,250 MW. Solar power will then account for about 14 percent of the utility's energy.

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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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Industry News

Midwest Transmission Expansion Plan Receives ISO Backing

LCG, June 23, 2003-Key transmission expansion projects within the Midwest Independent System Operator (ISO) territory have been made part of a plan that would be implemented by transmission owners at a potential cost of $1.32 billion.

Examination of alternate expansion scenarios took into consideration eleven possible expansion plans, using four new generation investment scenarios. The Board of Directors for the Midwest ISO believes that reliability and lower prices will result from the plan's execution, by addressing new load growth and the need for reliability. The report issued detailed findings on 19 bottlenecks where congestion is pronounced or persistent, as well as ways to manage the congestion.

Jeff Webb, the ISO's director of transmission planning, said, "MTEP (Midwest ISO Transmission Expansion Plan) will help guide state regulators and other stakeholders in deciding which economic projects should go forward, and who the principal beneficiaries would be."
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