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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

South Korea Plans 10 More Nukes

LCG, July 12, 2001The Republic of Korea said in Seoul yesterday that it plans to add 10 new electric power nuclear reactors over the next 10 years to keep pace with growing electricity demand.

Nuclear power plants now supply 40.9 percent of South Korea's electricity, and that percentage won't grow under the program. The addition of the new plants, which will have a combined capacity of 10,800 megawatts, will barely cover expected increases in demand.

Prime Minister Lee Han-dong is chairman of a special government committee which announced the plan to complete two new reactors next year, another two in 2006, two more in 2008 and another four by 2011.

A spokesman for the Ministry of Science and Technology said some of the reactors are already under construction. Eight will have a generating capacity of 1,000 megawatts each and the other two will produce 1,400 megawatts of power.

In 2011, when the program is complete, South Korea will have 24 reactors producing about 40 percent of the nation's electricity. The prosperous south of the Korean Peninsula has the industrial capability to construct nuclear power plants without outside help.

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