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New York Announces Plans to Procure Approximately 800 MW of Offshore Wind

LCG, July 13, 2018--The Governor of New York yesterday announced that the New York State Public Service Commission (PSC) has agreed upon plans for the state's first procurements of offshore wind to support New York's goal of installing 2,400 MW of new offshore wind generation by 2030. The new capacity will be important to achieving New York's goal of satisfying 50 percent of its energy requirements with renewable energy by 2030. The goal is part of the Governor's Clean Energy Standard, which was adopted by the PSC in 2016.

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First Westinghouse AP1000 Plant Sanmen 1 Begins Synchronization to Electrical Grid

LCG, July 3, 2018--Westinghouse Electric Company and its customers, China State Nuclear Power Technology Corporation (SNPTC) and CNNC Sanmen Nuclear Power Company Limited (SMNPC) announced on June 30 that the world's first AP1000 nuclear power plant located in Sanmen, Zhejiang Province, China, has begun initial connection to the electrical grid and has begun generating electricity.

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Industry News

AWEA Issues Second Quarter 2017 Market Report

LCG, August 3, 2017--The American Wind Energy Association (AWEA) recently released its new U.S. Wind Industry Second Quarter 2017 Market Report. AWEA's evaluation concludes that developers installed 357 MW of new wind capacity in the U.S., increasing the total to 2,357 MW. The total installed capacity in the U.S. is now 84,405 MW, and Kansas became the fifth state in the U.S. to surpass 5,000 MW of installed capacity.

Three companies dominated the installations. GE Renewable Energy, the newly merged Siemens Gamesa Renewable Energy, and Vestas installed a combined 97% of the 2,357 MW of facilities commissioned during the first half of 2017.

AWEA estimates significant additional capacity from newly installed wind turbines by the end of 2017. For the second quarter, project developers announced 2,495 MW in new construction activity and 1,346 MW in new advanced development activity. AWEA's report states that there are now 14,004 MW under construction and 11,815 MW in advanced development, or a combined 25,819 MW of wind capacity under construction or in advanced development. These figures represent a 41% year-over-year increase.

Texas continues to lead the U.S., with 21,044 MW of installed capacity. Based upon construction activity, Oklahoma may surpass Iowa to become the second-ranked state in installed capacity by the end of 2017. California and Kansas are ranked four and five.

With respect to power purchase agreements (PPAs), AWEA reports new agreements totaling 1,697 MW were signed during the second quarter, raising the total capacity announced in 2017 up to 3,443 MW.
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