EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

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.

Read more

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.

Read more

Industry News

Southern Company Explores Further Expansion in Florida

LCG, September 7, 2006--Southern Company is discussing with Lakeland Electric an investment in existing and planned electric generating capacity at the McIntosh Power Plant in Florida. According to Lakeland Electric officials, Southern would purchase a one-third interest in the existing Unit 5 and a 60 percent interest in 500-MW pulverized coal project that is scheduled to commence operations in 2013.

The existing Unit 5 is a gas-fired, 365-MW generating unit. Another existing unit, Unit 3, is a coal-fired unit that includes related infrastructure, such as rail lines, that enables relatively low-cost, incremental expansion for the planned, coal-fired unit.

On August 29, the Florida Public Service Commission demonstrated its interest enhancing fuel diversity support for the development of new coal-fired generating facilities in Florida by granting Florida Power & Light (FP&L) a conditional exemption from certain administrative rules governing new power plant development.

Southern's interest in the expansion of the Lakeland Electric facility is another example of Southern's growth throughout the Southeast. In Florida, Southern is participating in a joint development project with Orlando Utilities Commission to construct a new, advanced integrated gasification combined cycle (IGCC) facility at Stanton Energy Center in Florida that will receive $235 million of DOE funding. Earlier this year, Southern Company closed on the purchase of the DeSoto County Energy Complex, which includes two 160-MW gas-fired units, from Progress Energy. Last year, Southern purchased the gas-fired, 680-MW Plant Oleander from Constellation Energy, and this year Southern announced plans to add another gas-fired unit, with a capacity of 160 MW.

Southern's expansion plans are not limited to Florida. Earlier this month, Southern Company announced that it has closed on the purchase from Progress Energy of the Rowan County Energy Complex in North Carolina. The gas-fired, electric generating station has a total generating capacity of 925 MW.

Last month, Southern Nuclear Operating Company filed an application with the Nuclear Regulatory Commission (NRC) for an Early Site Permit (ESP) on behalf of the owners of the Alvin W. Vogtle Electric Generating Plant located near Waynesboro, Georgia. The proposed new electric generating capacity would total about 2,200 MW.

And if that's not enough, Southern Company is pursuing the installation of four other new nuclear reactors - all using the AP1000 reactor design - at two other sites in the Southeast. In March, Southern announced that it executed an agreement with Duke Power (Duke) to jointly pursue the development of a new nuclear power plant at a site in Cherokee County, South Carolina. Southern also announced in March another joint proposal with Tennessee Valley Authority (TVA) whereby the two companies would jointly pursue the construction of two new nuclear reactors at TVA's Bellefonte plant site near Scottsboro, Alabama.
Copyright © 2019 LCG Consulting. All rights reserved. Terms and Copyright
Generator X
Generation and Transmission Planning and Optimization
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
PowerMax
Day-ahead and real-time portfolio revenue optimization
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
MarketWatch
Annual summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service