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

NRC Poised to Extend License for Vermont Yankee

LCG, March 11, 2011--The U.S. Nuclear Regulatory Commission (NRC) yesterday voted 4-0 to support a decision by its Atomic Safety Licensing Board to deny an objection by New England Coalition on Nuclear Pollution to extend the license of the Vermont Yankee nuclear plant. The NRC is expected to issue a 20-year license extension for the 605-MW, nuclear reactor that is owned and operated by Entergy Corp. The existing operating license is scheduled to expire in March 2012.

The New England coalition was concerned with water leaks at the plant. Furthermore, there is additional opposition to the plant. A year ago the Vermont Senate voted against relicensing, and the new Governor (and former Senate pro tem) of Vermont is opposed to relicensing. Last November, shortly after tne new Governor was elected, Entergy announced that it was exploring the potential sale of Vermont Yankee.

The Vermont Yankee Nuclear Power Station began commercial operations in November 1972. The license renewal application to extend the 40-year license for another 20 years was submitted by Entergy to the NRC on January 27, 2006.
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