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

FERC Judge Rules States Cannot Block AEP from PJM

LCG, Mar. 12, 2004--An Administrative Law Judge with the Federal Energy Regulatory Commission (FERC), William Cowan, has issued an order that aims to speed up the entry of American Electric Power Co. (AEP) into the Pennsylvania-Jersey-Maryland Interconnection (PJM), the mid-Atlantic grid administrator.

The ruling came as a result of earlier conflicts between FERC's interest in having utilities join regional transmission organization and laws passed by Virginia and Kentucky that are intended to block its entry into PJM. The ruling allows the states to file briefs detailing exceptions to the ruling within 15 days. AEP is now scheduled to make a transition to PJM membership by October.

Both Virginia and Kentucky's legislative strategies are based on concerns among regulators and legislators that the inclusion of AEP could raise costs for customers. For its part, FERC feels that open access for suppliers besides established utilities can lower costs.
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