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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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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.

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Industry News

Georgia Power Announces New Agreement to Receive Wind Power from Oklahoma

LCG, April 23, 2013--Georgia Power, a Southern Company subsidiary, announced yesterday that it entered into a 250-MW power purchase agreement (PPA) with EDP Renewables North America. The agreement provides for wind power generated from EDP's wind farms in southwest Oklahoma. The wind power is scheduled to commence delivery to Georgia Power on January 1, 2016.

"We are continuously evaluating energy options that provide the best overall economic value to our customers," said Paul Bowers, president and CEO of Georgia Power. "Adding wind energy to our generation mix underscores our commitment to a diverse portfolio that offers clean, safe, reliable, sustainable and low-cost electricity for years to come."

Georgia Power's affiliate, Alabama Power, previously executed a 20-year, PPA with TradeWind Energy for wind power from the 235-MW Chisholm View Wind Project in Oklahoma. That project was one of the first major wind projects to export power to the Southeast, and Alabama Power is now receiving power from the wind farm.
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