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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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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

Wind Projects Added to PG&E's Renewables Portfolio

LCG, April 28, 2005--Pacific Gas and Electric Company (PG&E) announced yesterday that it has submitted three new long-term power purchase agreements with wind farms to the California Public Utilities Commission (CPUC) for regulatory review. With the addition, PG&E expects to meet over 30% of its customers' electricity demands with renewable energy.

In total, the three contracts add 143-158 MW of renewable capacity to PG&E's supply portfolio and are a result of the company's Renewables Portfolio Standard (RPS) solicitation of 2004. The three, California wind farms are: FPL Montezuma, located in Solano County; Buena Vista, located at Altamont Pass; and Pacific Renewable, located near Lompoc. PG&E plans to issue another RPS solicitation this summer, with the goal of supplying another 1-2% of customer electricity demands with renewable energy.

The State of California's RPS Program, which is managed by the CPUC and the California Energy Commission, requires each utility to increase its procurement of eligible renewable generating resources by 1% of load per year to achieve a 20% renewables goal.

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