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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

Outlook for Nuclear Power in Ontario is Bright

LCG, October 14, 2005--The Ontario government is expected to announce next week its approval to restart Units 1 and 2 of the Bruce A Nuclear Power Station near Kincardine in southwestern Ontario. The two, 750-MW nuclear units commenced operations in 1977 and were shut down in 1995 and 1997 by the prior owner, Ontario Power Generation (OPG).

In March 2005 it was announced by the government of Ontario that a tentative agreement had been reached with Bruce Power to restart Units 1 and 2 at the Bruce A nuclear generating station in Kincardine. At that time, the agreement was approved in principle by the boards of directors of the major partners of Bruce Power: Cameco Corporation, Transcanada Corporation, and BPC Generation Infrastructure Trust.

Negotiations have been on-going, and Ontario's new energy minister, Donna Cansfield, stated recently that "due diligence" and final wording are still being refined.

In order to reduce emissions and improve public health, the Ontario government committed to close nearly 7,600 MW of coal-fired, generating capacity by early 2009. The first of five coal plants, Lakeview Generating Station, with a capacity of 1,140 MW, was shutdown in April of this year. To compensate for the loss of generating capacity, the Ontario government is actively pursuing the development of new generating capacity from non-coal sources, together with demand-response projects.

Ontario has already been busy refurbishing reactors at the Pickering A nuclear station, located east of Toronto. The station originally commenced generating power in the early seventies and was placed in "voluntary lay-up" in 1997. The first of four Pickering A reactors was returned to service in September 2003. The refurbishment project was more than two years late and cost nearly three times the amount approved by the Board of Directors of OPG. Last month, Unit 1 also began generating power again. The 515-MW nuclear reactor is expected to be in full, commercial operation shortly. In August of this year, OPG announced its decision not to proceed with refurbishing Pickering A's units 2 and 3.

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