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.

Read more

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.

Read more

Industry News

Move for Final Vote on Energy Bill Blocked

LCG, Nov. 21, 2003--The major energy bill that has been sought by the Bush administration and Energy Secretary Spencer Abraham, and which was passed by the House this week, was not brought to a vote by the Senate today when too few Senators voted to end debate.

While minority leader Sen. Tom Daschle, D-S.D., voted to end debate (the tally was 57-40), and was ready to vote in favor of the bill, he said some of the provisions in the package, which included $31 billion worth of tax incentives, were not acceptable to some senators, including six Republicans.

Sen. John McCain, R-Ariz., labeled the bill "an enormous turkey stuffed with ... tax dollars." The bill requires a doubling of ethanol production, the gasoline additive made from corn grown in the Farm Belt, by 2012. Sen. Dianne Feinstein, D-Calif., said that the ethanol requirement amounted to "essentially a hidden gas tax." She charged that ethanol is increasing gas prices in California.

For his part, Daschle felt he could not vote against the bill because of the benefits it would provide farmers in his state of South Dakota.
Copyright © 2020 LCG Consulting. All rights reserved. Terms and Copyright
Generator X
Generation and Transmission Planning and Optimization
The Locational Marginal Price Model (LMP) Network Power Model
Day Ahead and Real Time Market Simulation
Day-ahead and real-time portfolio revenue optimization
The Gas Procurement and Competitive Analysis System
Database of Plants, Loads, Assets, Transmission...
Annual summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service