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

Washington Says No Rate Hike for Puget Energy

LCG, Oct. 5, 2001--The Washington Utilities and Transportation Commission said yesterday it has rejected a request by Puget Sound Energy Co. for an emergency $84 million rate increase.

"Here, there is no demonstration that the failure to grant the requested relief would cause clear jeopardy to the utility or detriment to the ratepayers," the three-member commission wrote in its decision.

The company, a subsidiary of utility holding company Puget Energy Inc., had asked for the rate increase on August 21, saying it was needed because of volatile wholesale power prices and a long drought which had reduced the availability of hydroelectric power by about half.

The commission said Puget Sound Energy would file a general rate case next month, which will allow the regulators "to review more thoroughly the company's financial records, power costs and other business expenses. Today's ruling by the commission has no bearing on future rate-case decisions."

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