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.

Read more

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.

Read more

Industry News

Russia to Complete Soviet-era Nuclear Plant

LCG, Oct. 16, 2001--The Russian Atomic Energy Ministry is resuming construction of a nuclear power plant in the republic of Bashkortostan, on the lower reaches of the Volga river, according to an English language report picked up by the British Broadcasting Co. from Russian news agency Itar-Tass.

Itar-Tass said it learned of the plans to complete building the Soviet-era nuclear plant from Rosenergoatom, a Russian firm that will participate in its completion.

Development of the Bashkortostan plant was begun by the Soviet Union. However, the construction was suspended by a decision of the republican parliament in 1990 due to the anti-atomic campaign following the Chernobyl disaster, Itar-Tass said.

The plant, located in the town of Agidel, will have four reactors, each with a capacity of 1,000 megawatts, and will incorporate improved safety design, but the news agency did not say whether the reactors would be protected by containment buildings. The facility will be Russia's 11th nuclear plant and is scheduled for commissioning in 2010.

At the time construction was halted, the plant was about 10 percent complete. The revived project will be financed by Bashkortostan and Rosenergoatom, Itar-Tass said.

Copyright © 2020 LCG Consulting. All rights reserved. Terms and Copyright
Generator X
Generation and Transmission Planning and Optimization
The Locational Marginal Price Model (LMP) Network Power Model
Day Ahead and Real Time Market Simulation
Day-ahead and real-time portfolio revenue optimization
The Gas Procurement and Competitive Analysis System
Database of Plants, Loads, Assets, Transmission...
Annual summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service