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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

Entergy to Join Midwest Independent System Operator (MISO)

LCG, April 26, 2011--Entergy Corporation announced yesterday that it plans to join the Midwest Independent System Operator (MISO) in order to achieve long-term benefits for the customers of the Entergy operating companies. Entergy's operating companies will submit reports to their retail regulators supporting the decision on or before May 12 and target implementation for joining MISO by the end of 2013.

The Entergy operating companies are Entergy Arkansas, Inc., Entergy Gulf States Louisiana, L.L.C., Entergy Louisiana, LLC, Entergy Mississippi, Inc., Entergy New Orleans, Inc., and Entergy Texas, Inc. Entergy delivers electricity to 2.7 million utility customers in Arkansas, Louisiana, Mississippi and Texas.

The addition of Entergy companies to the MISO, the Regional Transmission Organization (RTO) that manages and operates the transmission system in thirteen Midwestern states, will extend the MISO's footprint from the Canadian Border south to the Gulf of Mexico.

For years Entergy has evaluated joining either the Southwest Power Pool (SPP) or the MISO. Entergy stated that one of the advantages of joining MISO is joining an existing "Day 2" market with a centralized market-driven dispatch process.

Entergy's chairman and chief executive officer stated, "The analysis clearly shows there are compelling benefits to joining a regional transmission organization with substantial scale and a Day 2 market. An organized market design based upon centralized auction markets creates greater efficiencies than one that relies upon bilateral trading, particularly in electricity markets where some congestion is always present. We look forward to discussing in detail the benefits of joining MISO with regulators, their staffs and other stakeholders in the months ahead. As the analysis showed, MISO's substantial scale and established market made it the clear choice for customer benefits."
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