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

AWEA's New Market Report Shows Modest Growth in Wind Generating Capacity for the U.S. in 2014

LCG, January 29, 2015-The American Wind Energy Association (AWEA) yesterday released its U.S. Wind Industry Fourth Quarter 2014 Market Report. According to AWEA, the new wind power capacity installed last year is nearly five times greater than that installed in 2013. Although more capacity was installed in 2014 than 2013, the annual capacity addition is less than half the record of 13,000 MW that was installed in 2012.

Last year, the industry installed 2,500 wind turbines with a combined generating capacity of 4,850 MW. The cumulative installed capacity increased eight percent to a total of 65,875 MW.

The state with the most capacity installed during 2014 is Texas, where over 1,800 MW of new wind farm capacity now stands. The other states in the top five for new wind capacity are: Oklahoma (648 MW), Iowa (511 MW), Michigan (368 MW) and Nebraska (277 MW).

AWEA identified the cause of the limited rebound of new wind generating capacity in 2014 being the uncertainty surrounding the renewable energy Production Tax Credit (PTC). AWEA's CEO stated, "Wind is gaining strength, but as recent history shows, we can do a whole lot more. We're looking forward to working with Members of Congress from both sides of the aisle so that a reasonable, responsible tax policy is in place that allows the wind industry to continue lowering costs and investing billions of dollars in U.S. communities."

AWEA's CEO further stated, "It has been U.S. policy for the last 100 years to encourage energy production by giving tax relief to different energy sources. Every other source of electricity in this country has their tax relief. Congress must find a way forward so we don't lose years of investment and send this promising industry over another cliff."

The new AWEA report also states that, as 2015 begins, there is over 12,700 MW of wind capacity under construction, with new construction starts in the fourth quarter totaling about 2,800 MW.
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