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

Bruce Reactors' Wait to Restart Extended

LCG, June 13, 2003--Two nuclear reactors in Ontario, Bruce A units 3 and 4, are expected to start later than was recently expected, based on the need to meet regulatory requirements, according to the partnership operating the plants.

The Bruce Power Limited Partnership was formed last year to purchase British Energy's 82.4 per cent stake in the reactors. The restart, says the partnership, will likely be by June 30 for Unit 4, and July 30 for Unit 3. The deal with British Energy specified that the price paid for the units would decrease with the duration of any delays before renewed operation. The partners, each of which owns a 31.6 per cent stake, are Cameco, TransCanada, and BPC Generation Infrastructure Trust, which is under the Ontario Municipal Employees Retirement System. Prior to the purchase deal, Cameco already owned a 15 per cent stake in Bruce Power, which deals in uranium.
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