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

Sierra Pacific Resources Plans New Coal-fired Generation in Nevada

LCG, January 10, 2006--Sierra Pacific Resources announced yesterday that it plans to develop and install two 750-MW, coal-fired power generating units in eastern Nevada. The overall plan includes a new, 250-mile long transmission line that would connect Nevada's northern and southern regions. The combined project cost for the two units and the transmission line is estimated to exceed $3 billion.

The new units, to be located in White Pine County, would use traditional, pulverized coal technology, together with state-of-the-art emission control technologies. The first unit is planned to commence service in 2011, with operation of the second unit to follow within three years. A subsequent expansion of the energy complex is planned that would consist of two, 500-MW units that incorporate coal gasification technology. If completed, the total electric generating capacity of the station would be approximately 2,500 MW.

Sierra Pacific Resources' principal subsidiaries are Nevada Power Company, the electric utility serving much of southern Nevada, and Sierra Pacific Power Company, which serves most of northern Nevada, together with customers in California in the vicinity of Lake Tahoe.

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