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

SEMPRA's Cameron LNG Terminal Gains Momentum

LCG, October 26, 2005--Sempra LNG, a unit of Sempra Energy, yesterday announced that it has executed a Heads of Agreement (HOA) with Sonatrach S.A., Algeria's state-owned natural gas and oil refining company, to deliver liquefied natural gas (LNG) from Algeria to the Gulf Coast, where Sempra is constructing the Cameron LNG Terminal. The terminal is scheduled to be operational in late 2008.

According to Sempra, the non-binding HOA contemplates a 20-year agreement to import 250 to 500 MMcf/day of Algerian gas. The companies are proceeding with detailed negotiations that include exploring additional opportunities to market the natural gas in the United States.

The Cameron LNG terminal is designed to have an initial processing capacity of 1.5 Bcf/day. The terminal is located about 15 miles south of Lake Charles and is near Henry Hub. Following re-gasification at the terminal, natural gas will be transported approximately 35 miles via the planned Cameron Interstate Pipeline to interstate and intrastate pipelines, which will then deliver the gas to markets throughout the Central and Eastern United States. The new, 36-inch diameter pipeline is a project of Sempra Pipelines & Storage, a unit of Sempra Energy. The Federal Energy Regulatory Commission previously granted approval to construct and operate the pipeline.

In July of this year, Sempra LNG announced that it had executed a long-term agreement to provide Eni S.p.A. with approximately 600 MMcf/day of capacity in the LNG terminal and the Cameron Pipeline. The 20-year agreement calls for deliveries to begin in early 2009. Eni S.p.A. is an international company based in Italy that operates in the oil, natural gas, electricity generation, petrochemicals, engineering and construction and oilfield services sectors of the energy industry.

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