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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

NRC Approves Westinghouse Electric's AP1000 Nuclear Plant Design

LCG, January 4, 2006--The U.S. Nuclear Regulatory Commission (NRC) approved the Design Certification for Westinghouse Electric Company's AP1000 standard nuclear plant design on December 30, 2005. The AP1000 reactors are each able to generate 1,100 MW of electricity. With approval of the new design, which incorporates passive safety features that rely upon natural forces, the nuclear industry is poised to begin a new wave of expansion.

The AP1000 has been identified by Duke Power as the basis for its plans to prepare a combined construction and operating license (COL) application to construct two nuclear reactors. Duke Power, a business unit of Duke Energy, plans to identify its preferred site this month and to submit the COL application to the NRC within the next 24-30 months.

NuStart Energy Development, LLC, a consortium formed to support the development of new nuclear reactors, plans to use the AP1000 in its application to the NRC for a COL at the Bellefonte Nuclear Plant (owned by the Tennessee Valley Authority) near Scottsboro, Alabama.

NuStart also plans to prepare and submit an application incorporating the General Electric (GE) Economic Simplified Boiling Water Reactor (ESBWR) at the Grand Gulf Nuclear Station (owned by Entergy Nuclear) in Port Gibson, Mississippi. The GE design is also passive, with a nominal generating capacity of 1,550 MW. GE is trailing Westinghouse with respect to receiving Design Certification from the NRC. GE's application for the ESBWR Design Certification was submitted on August 25, 2005 and accepted as sufficient to be formally docketed and reviewed on December 2, 2005.

The development of new nuclear reactors is especially prevalent in the Southeast. Utilities, including Southern, Progress, SCANA, Santee Cooper, Duke, Entergy, and TVA have announced plans to add more than 15,000 MW of new nuclear generating capacity in the period from 2015 to 2017.

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