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

One Gas Rate Sought for Three Rhode Island Utilities

LCG, July 5, 2001Southern Union Co., which last year purchased three Rhode Island utilities, has asked the state's Division of Public Utilities and Carriers for permission to consolidate three sets of rates into one and says it will share savings from the combination of the companies with customers as well as shareholders.

Southern Union was roundly criticized last winter for not doing enough to keep natural gas rates in line for its Rhode Island customers, and DPUC commissioners were among the critics.

Last year, the company paid $400 million for Providence Energy Corp., the parent of Providence Gas Co. and North Attleboro Gas Co., $160 million for Valley Resources, which owned Valley Gas Co. and Bristol & Warren Gas Co., and $75 million for Fall River Gas Co. All of the companies were folded into Southern Union's freshly minted New England Division.

In its application, Southern Union said it wants to consolidate the rates of Providence Gas, Valley Gas and Bristol & Warren Gas. The company must file a more-detailed plan by Sept. 1 with the utilities division spelling out the details on issues such as how much money customers will save from the combination. A plan on how rates will change must go to the state Public Utilities Commission by Dec. 1.

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