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.

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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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Industry News

6 Midwest Utilities Form Transmission Company

LCG, Oct. 1, 2001--Six Midwestern electric utility companies asked federal regulators on Friday to let them integrate operations of their electric transmission systems into a single, efficient system through the formation of Trans-Link Transmission Co.

The application to create the for-profit, transmission-only company, was filed with the Federal Energy Regulatory Commission by Alliant Energy Corp's Iowa-based subsidiaries IES Utilities Inc. and Interstate Power Co., Corn Belt Power Cooperative of Iowa, Mid-American Energy Co. of Iowa; Nebraska Public Power District, Omaha (Neb.) Public Power District, and Xcel Energy Inc. of Minnesota.

The utilities said they will participate in Trans-Link through a combination of divestiture, leases and operating agreements.

"Combining and standardizing our transmission operations will allow more efficient electricity markets to develop, helping to prevent the price and reliability problems customers have experienced in other areas of the country," said Audrey Zibelman, transmission vice president with Xcel Energy and Trans-Link spokeswoman.

The participants said they have entered into a memorandum of understanding with the Midwest Independent Transmission Operator Inc. in which they agree that Trans-Link will contract with the ISO for certain functions and services required by FERC of regional transmission organizations.

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