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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

Draft Legislation Blocks RTO Requirement

LCG, Nov. 17, 2003--Among the many measures included in the draft energy bill released by Republican lawmakers this weekend is language that makes the formation of regional transmission organizations (RTOs) voluntary, rather than a requirement as the Federal Energy Regulatory Commission has intended.

The opposition to FERC's vision of energy markets would be welcomed by utilities in the Southeast, and is likely to disappoint merchant energy generators, who would not gain the degree of access to the transmission grid that would strengthen their competitive position. Some utilities in the Midwest that support RTO-based markets, such as Exelon Corp., may have to bargain more with other potential members of RTOs to implement more centralized grid management.

A spokeswoman for the Edison Electric Institute was quoted as saying the bill "could help resolve some pretty thorny issues and provide some market certainty." Besides lending no impetus to RTOs, the bill discusses "participant funding," which will limit requirements that utilities fund new transmission infrastructure for project that are not found to be in their customers' interest.
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