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Duke Energy Renewables to Install 200-MW Wind Project in Texas

LCG, April 12, 2019--Duke Energy Renewables, a commercial business unit of Duke Energy, yesterday announced it will build, own and operate the MesteƱo Wind Project, located in southern Texas. The power generated by the 200-MW project will be sold into the ERCOT market, and Duke Energy Renewables will enter into a long-term hedge agreement covering the majority of the expected wind energy production. Construction has commenced, and the project is scheduled for completion by year-end.

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FPL Announces Plans for 409-MW Battery Storage System

LCG, April 3, 2019--Florida Power & Light Company (FPL) recently announced a plan to build the world's largest solar-powered battery system, the Manatee Energy Storage Center, as part of a modernization plan to accelerate the retirement of two, 1970s-era natural gas generating units at FPL's neighboring Manatee Power Plant.

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Industry News

New England ISO's RTO Plan Has Conditional Approval

LCG, Mar. 24, 2004--The ISO New England's proposal for forming a regional transmission organization has received conditional approval from the Federal Energy Regulatory Commission, meaning the ISO has been granted official RTO status.

Since 1997, the control of utilities' transmission operation in the New England region has stayed with the utilities themselves, a feature of the market that will change when the ISO takes over that function. The ISO will be able to direct flows for reliability purposes as it finds necessary.

The shift in control of grid operations out of the hands of the utilities is seen by the FERC as a key part of a more competitive market promoting non-discriminatory access to generating plants, regardless of ownership. The agency may still develop policies aimed at convincing utilities to sell generating assets.
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