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Tokyo-based Electric Power Subsidiary partners with AP Solar in 400 MW Texas Solar Project

LCG, August 6, 2020—J-Power USA Development Co, a subsidiary of the Electric Power Development Co. headquartered in Tokyo, has joined a joint venture to develop a 400 MW Texas solar project.

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Texas Solar Project Sold to CIP

LCG, July 31, 2020—An affiliate of Copenhagen Infrastructure Partners has completed purchase of a 350 MW solar photovoltaic project near the Houston metro area from Solar Plus Development Inc. and Avondale Solar.

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Industry News

Duke Defers Site Selection for New Nuclear Reactors

LCG, December 22, 2005--Duke Power yesterday announced that it has deferred the announcement of its site selection for new nuclear reactors until sometime next month. The company is preparing a combined construction and operating license (COL) application to construct two nuclear reactors. Duke Power, a business unit of Duke Energy, plans to submit the COL application to the U.S. Nuclear Regulatory Commission (NRC) within the next 24-30 months.

Nuclear power is just one supply option under consideration by Duke Power. The company filed plans last May with the North Carolina Utilities Commission regarding the potential addition of 2,200 MW of generating capacity adjacent to three existing power plants, with total costs of more than $2.3 billion. As an alternative to adding a new coal-fired plant at its Cliffside Steam Station, Duke identified the option of building a new nuclear reactor.

Duke plans to use Westinghouse Electric Co.'s Advanced Passive 1000 (AP1000) reactors, which are each able to generate 1,100 MW of electricity. The AP1000 design incorporates passive safety features that rely upon natural forces, such as gravity, in order to reduce reliance on active systems, such as pumps and valves.

Duke already uses Westinghouse Electric's pressurized water reactor technology, upon which the AP1000 is based, at the Duke Power-operated McGuire and Catawba nuclear stations near Charlotte, North Carolina. The site for the two new reactors will be identified after the completion of its current site selection study, which includes 14 potential sites in the Carolinas.

Duke is a participant in NuStart Energy Development, LLC, a consortium founded in 2004 to support the development of new nuclear power stations. Other participants include Exelon, Entergy, Southern Company, Constellation, Progress Energy, the Tennessee Valley Authority, Florida Power & Light, EDF International, and the two reactor vendors, GE and Westinghouse Electric. Many of these participants are pursuing the development of new nuclear reactors in the Southeast, with the combined development plans totaling more than 15,000 MW of new nuclear generation starting operations in the period from 2015 to 2017.

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