Xcel Energy, EVRAZ North America and Lightsource BP Announce 250-MW Solar Project in Colorado

LCG, October 1, 2019--Xcel Energy, EVRAZ North America and Lightsource BP announced Friday that they have reached a long-term agreement to develop a 240-MW solar facility in Colorado. Lightsource BP will finance, build, own and operate the Bighorn Solar project and sell all the electricity it generates to Xcel Energy under a long-term power purchase agreement (PPA). The project will be built on EVRAZ Rocky Mountain Steel property in Pueblo, making it the largest on-site solar facility dedicated to a single customer in the country.

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Duke Energy Plans to Pursue Second Nuclear Operating License Renewals for Nuclear Fleet

LCG, September 20, 2019--Duke Energy announced yesterday that it will seek to renew the operating licenses of the 11 reactors it operates at six nuclear stations in the Carolinas for an additional 20 years. The company plans to submit the license renewal application for Oconee Nuclear Station in 2021, followed by its other nuclear stations.

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Industry News

New Power Generation Record Set for ERCOT

LCG, October 19, 2011--The Electric Reliability Council of Texas (ERCOT) announced that the electricity generated by wind farms on the afternoon of October 7 set a record at 7,400 MW. With an installed wind generating capacity totaling approximately 9,400 MW, this represents nearly an 80 percent capacity factor for the wind farms in ERCOT. Coastal wind farms accounted for approximately 15 percent of the power generated.

On October 7, approximately 15 percent of the electricity demand of 48,733 MW was supplied by electricity generated by the wind projects in ERCOT.

Although electric transmission constraints and the economy have slowed wind project development, new wind projects continue to be constructed. ERCOT anticipates the installed wind power capacity to increase from 9,400 MW to 9,700 MW by year end. Furthermore, over 2,300 miles of high-voltage transmission system expansions are planned by the end of 2013 that could allow for an additional 18,500 MW of installed wind power.

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