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.

Read more

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.

Read more

Industry News

Regulatory Proceeding Commence for New Coal-fired Power Plants in Nevada

LCG, August 25, 2006--Regulatory hearings at the Nevada Public Utilities Commission (PUC) have started for Sierra Pacific Resources' proposed Ely Energy Center. The project was announced last February and it includes the construction of two, 750-MW, coal-fired power generating units in eastern Nevada plus a new, 250-mile long transmission line that would connect Nevada's northern and southern regions. The estimated, overall project cost is $3.7 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. Given timely regulatory approval, the first unit is scheduled to commence service in 2011, with the second unit to follow in 2013. The new generation and transmission facilities are key elements of the Integrated Resource Plans of Nevada Power Company and Sierra Pacific Power Company, both subsidiaries of Sierra Pacific Resources.

The regulatory hearings have drawn interest from an independent power producer, LS Power, that has already developed its own Nevada project that includes a coal-fired, electric generating station with a capacity of 1,600-MW, as well as a 250-mile transmission line. The PUC issued a decision not to let the LS Power present testimony regarding the generating facilities; however, the PUC did allow for LS Power to take part with respect to the transmission line. LS Power has filed a petition for reconsideration.

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.
Copyright © 2020 LCG Consulting. All rights reserved. Terms and Copyright
Generator X
Generation and Transmission Planning and Optimization
The Locational Marginal Price Model (LMP) Network Power Model
Day Ahead and Real Time Market Simulation
Day-ahead and real-time portfolio revenue optimization
The Gas Procurement and Competitive Analysis System
Database of Plants, Loads, Assets, Transmission...
Annual summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service