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Impacts of COVID-19 Virus on Electricity Demand

LCG, March 27, 2020 -- Jeremy Platt, an energy scientist, Palo Alto has made some early analysis of impact of COVID -19 on electricity demand using the grid operators data published by LCG. Data from several areas of the country offer early and near real-time views of impacts of the economic slowdown due to evolving regional and statewide coronavirus mitigation strategies.

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California PUC Targets Doubling Renewable Energy by 2030

LCG, March 27, 2020--The California Public Utilities Commission (CPUC) yesterday unanimously approved a new emissions target for its electric sector that would double California's clean energy capacity through 2030 and effectively block new natural gas-fired electric generating facilities.

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Industry News

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.

Tampa Electric's existing solar installations total 520 MW of capacity, with another 135 MW to be constructed within a year. The company estimates the solar expansion will reduce carbon dioxide emissions annually by about 500,000 tons, which is roughly equal to removing 100,000 cars from the road.

Tampa Electrics CEO stated, "Our customers want a cleaner energy future for themselves - and their children. We are committed to continue to lead Tampa Electric toward cleaner energy while ensuring our prices remain affordable for customers."

Increasing reliance on solar will significantly change Tampa Electric's generation mix and its use of coal. In the past 20 years, the company states that it has already reduced its use of coal by 92 percent and has cut its carbon footprint in half.
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