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Tag: Years

FPL Plans to Build 1,500 MW of Solar in Next Two Years

March 16, 2019
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Florida Power & Light (FPL) continues to add to its solar power portfolio, with the utility on March 13 announcing plans to build the largest community solar program in the U.S.

Eric Silagy, FPL’s president and CEO, in a statement said, “We’ve been aggressively expanding solar with one goal in mind: bringing more solar to all of our customers cost-effectively while continuing to keep their bills lower than 90 percent of the country. This innovative program is another major step forward in our ‘30-by-30’ plan, which is one of the world’s largest solar expansions, and also an unprecedented opportunity for our customers to harness the power of the sun like never before.”

The company’s FPL SolarTogether program, which needs approval from the state’s Public Service Commission, would allow customers to receive a credit on their bills from the utility’s cost savings from solar power. FPL plans to build 20 solar power plants, with total generation capacity of 1,490 MW, over the next two years.…

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Entergy Gives Palisades Nuclear Plant Five More Years to Run

September 28, 2017
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Entergy Corp. will keep the Palisades nuclear power plant in Covert, Michigan, open until the spring of 2022, owing to a shortfall in recovery granted to Consumers Energy by state regulators.

In a bid to actively exit the merchant nuclear power business, investor-owned Entergy had decided to shutter the 798-MW plant by October 1, 2018.  “Market conditions have changed substantially, and more economic alternatives are now available to provide reliable power to the region,” it said when it announced its decision about a year ago. 

The decision came as a surprise because Entergy has a power purchase agreement with Consumers Energy—Michigan’s largest utility and the principal subsidiary of CMS Energy—which committed the company to buying nearly all the power generated at Palisades through April 2022. Entergy reasoned the plant’s closure could save Consumers’ customers as much as $ 172 million over four years, even after Consumers paid Entergy $ 172 million to terminate the contract.

On September 22, however, the Michigan Public Service Commission granted Consumers a recovery of only $ 136.6 million of the $ 172 million it requested for the buyout of the power purchase agreement. …

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Six Years After Fukushima, Only Three Reactors Operating in Japan, More Poised to Restart

March 10, 2017
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Six years after the Fukushima disaster prompted an electricity crisis in Japan and sent tremors throughout the world’s nuclear power sector, Japan is determined to continue its reliance on nuclear for nearly a fifth of its power needs in the long term.

Nuclear will make up 20% to 22% of Japan’s power mix by 2030, under a long-term plan issued in 2015, Hirohide Hirai, the director general of Japan’s Ministry of Economy, Trade, and Industry (METI), told attendees at CERAweek by IHS Markit, which is taking place in Houston this week.

On March 11, 2011, nearly a day after the 3-minute, 9.0-magnitude Great Tohoku Earthquake struck northeastern Japan—and unleashed a tsunami that killed 20,000 people—the world learned that Tokyo Electric Power Co.’s (TEPCO’s) Fukushima Daiichi and Daini nuclear plants were in peril after rising waters inundated and disabled offsite power supplies.

All of Japan’s nuclear power plants were shut down for safety checks after the disaster. Six years later, only three of 45 operable reactors have come online: Kyushu Electric’s Sendai 1 and 2 (restarted in 2015), and Shikoku Electric Power Co.’s…

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Where Are We After 10 Years of Bulk Electric System Reliability Standards?

January 24, 2017
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As concerns about grid security increase globally, it’s a good time to review the history, scope, and effect of North American electric system reliability standards. As the threat landscape changes, standards alone are not enough.

Mandatory. That’s the key word in the Energy Policy Act of 2005 (EPAct) where grid security is concerned. Within two years of that legislative action, the electric power industry was welcomed into the world of operation and planning regulation far beyond anything that had come before. As of June 18, 2017, we will have 10 years of experience with mandatory reliability standards. Are we better off as a result? Are the costs of compliance commensurate with the benefits? Will changes in approach to compliance currently under way enable a more efficient regulatory environment going forward? This article examines how we got to the current system and where we may go from here.

The Triggering Event

The April 14, 2003, blackout of much of the northeastern United States and parts of Canada was the impetus for EPAct and the accompanying changes to Section 215 of the Federal Power Act.…

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