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

Exelon Selects GE-Hitachi's ABWR for New Texas Nuclear Station

LCG, March 27, 2009--Exelon has selected the GE-Hitachi Nuclear Energy (GEH) Advanced Boiling Water Reactor (ABWR) for a new nuclear power plant proposed in Texas. Exelon's plans now call for installing two, 1,350-MW units at the new power station.

Exelon had originally selected the GEH Economic Simplified Boiling Water Reactor (ESBWR). On September 3, 2008, Exelon Nuclear Texas Holdings, LLC filed an application with the Nuclear Regulatory Commission (NRC) for a Construction and Operating License (COL) for two ESBWRs in Texas designated as Victoria County Station, Units 1 and 2. Exelon will need to update its COL application to reflect the new design.

The ESBWR is a more advanced design than the ABWR and employs passive safety features that rely upon natural forces, such as gravity, to reduce reliance on active, mechanical systems, like pumps and valves. However, the ESBWR has not been built, although applications have been submitted to the NRC by Dominion, Detroit Edison and Entergy.

The ABWR has design certification and five units are currently operating in Japan. The change to the ABWR is expected to result in a shorter approval process and greater likelihood of qualifying for federal loan guarantees.
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