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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

Rollcast Announces Financial Closing for Georgia Biomass Project

LCG, October 22, 2010--Rollcast Energy, Inc. ("Rollcast") yesterday announced the closing of non-recourse, project financing for Rollcast's first greenfield biomass power project, Piedmont Green Power, LLC. The electricity generated by the 53.5-MW power plant will be purchased by Georgia Power under a long-term power purchase agreement (PPA). The project site is approximately 70 miles southeast of Atlanta, Georgia.

Piedmont Green Power is scheduled to commence operations by the fourth quarter of 2012, and the Project's EPC contractor will be released to start construction immediately. Rollcast developed the project and will be manage the facility.

The power plant will consume approximately 500,000 tons of woody biomass per year, all of it sourced from the surrounding area.

The positive step forward for this biomass project is somewhat of a national anomaly, given the rules issued by the Environmental Protection Agency's (EPA) earlier this year that have stalled many biomass power projects. Contrary to past understandings that biomass project are carbon neutral, the EPA's Tailoring Rule regulates emissions from the combustion of biomass the same as emissions from the combustion of fossil fuel. With the EPA's new position, biomass power plants are not deemed carbon neutral, placing new risk on biomass power plants for carbon emissions. Moreover, the EPA's proposed Industrial Boiler MACT rule created additional problems for biomass power producers earlier this year by setting emission limits that will be difficult if not impossible to achieve. The EPA may issue changes more favorable to biomass to both rules in early 2011.
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