EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

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

Duke Energy Florida Announces New Solar Power Projects

LCG, January 29, 2020--Duke Energy Florida (DEF) Monday announced the locations of its two newest solar power plants that will provide a combined installed capacity of nearly 150 MW. DEF is investing an estimated $1 billion to construct or acquire a total of 700 MW of cost-effective solar power facilities from 2018 through 2022 in Florida, and planning for another 1,500 MW of solar generation through 2028.

Read more

Industry News

DOE and B&W Sign Agreement to Develop mPower Small Modular Reactor

LCG, April 16, 2013--The Babcock & Wilcox Company (B&W) announced yesterday that its subsidiary, Babcock & Wilcox mPower, Inc. (B&W mPower), and the Department of Energy (DOE) have signed a Cooperative Agreement for funding from the DOE's Small Modular Reactor (SMR) Licensing Technical Support Program to support the development and licensing of B&W's mPower technology.

B&W's mPower technology is based upon a 180-MW, integral pressurized water reactor design that uses a fully underground containment structure. With the Cooperative Agreement, approximately $79 million, allocated from the first year of the Licensing Technical Support Program, will now be available to the B&W mPower program.

A DOE representative stated, "The Department is pleased to complete this important step in our SMR Licensing Technical Support Program. Our work with B&W mPower will help advance the commercialization of safe and efficient SMRs in the United States. U.S.-built SMRs have the potential to cost-effectively support our nation's energy and climate goals while boosting U.S. manufacturing capabilities and job growth."

The signing of the Cooperative Agreement formalizes B&W's cost-share agreement with DOE, following the selection last November of the mPower America team - comprised of B&W, the Tennessee Valley Authority (TVA) and Generation mPower - as the winner of DOE's competitively bid funding opportunity, in support of commercial demonstration of the B&W mPower SMR by 2022. B&W mPower and Bechtel (who together formed Generation mPower LLC) will provide licensing and engineering support for the mPower America Project.

The new agreement shows continued progress to develop the mPower SMR technology. In February, B&W announced that B&W mPower executed a development agreement with the Tennessee Valley Authority (TVA) to prepare and support the Nuclear Regulatory Commission (NRC) review of a Construction Permit Application for a B&W mPower SMR at TVA's Clinch River Site in Oak Ridge, Tennessee.
Copyright © 2020 LCG Consulting. All rights reserved. Terms and Copyright
Generator X
Generation and Transmission Planning and Optimization
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
PowerMax
Day-ahead and real-time portfolio revenue optimization
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
MarketWatch
Annual summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service