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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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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

Progress Energy Considers New Nuclear Plant in Florida

LCG, October 6, 2005--Progress Energy yesterday announced that it may develop another nuclear power plant in Florida. Progress Energy plans to select a site and design by the end of this year. Sites in Polk, Seminole, Osceola and Highlands counties are under consideration. Progress Energy currently operates the Crystal River nuclear generating plant, which commenced operations in 1977.

Progress Energy notified the U.S. Nuclear Regulatory Commission (NRC) on August 29, 2005 that it is developing plans that may result in its submittal of a combined construction and operating license (COL) for a new nuclear power plant. At that time, Progress Energy also notified the NRC that it expects to select a potential site and reactor vendor by the end of 2005.

The application for the combined COL may be filed in early 2008, according to Progress. Given timely approval by the NRC, construction could commence in 2010, with commercial operation in about 2015.

Progress Energy is a participant in NuStart Energy Development, LLC, a consortium founded in 2004 to support the development of new nuclear power stations. Other participants include Exelon, Entergy, Southern Company, Constellation, Duke Energy, the Tennessee Valley Authority, Florida Power & Light, EDF International, and the two reactor vendors, GE and Westinghouse Electric.

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