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

Davis-Besse Receives Approval for Restart

LCG, Mar. 8, 2004--The Davis-Besse nuclear power plant, situated beside Lake Erie near Toledo, Ohio, may be restarted by FirstEnergy Corp. following an extended shutdown during which the plant's reactor lid was replaced.

The Nuclear Regulatory Commission gave notification of its approval of the restart today, following review of FirstEnergy's confirmation that it would agree to certain conditions for operation of and safety procedures at the facility. According to statements by regulatory officials at a meeting last month, progress had been made at Davis-Besse since an inspection in December reportedly turned up a number of items raising concern.

During the year-long shutdown, FirstEnergy, which was criticized for weaknesses in its management and safety culture, purchased replacement power at a cost of $600 million.
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