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Energy Harbor and Standard Power Announce Plans to Develop Data Infrastructure Using Carbon-Free Nuclear Power

LCG, May 10, 2022--Energy Harbor Corp. and Standard Power announced yesterday that they have signed a Memorandum of Understanding (MOU) to develop a large-scale, carbon free data infrastructure operation adjacent to Energy Harbor's Beaver Valley nuclear facility, the Davis-Besse Nuclear Station, in Shippingport, Pennsylvania.

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Minnkota Power Cooperative and Summit Carbon Solutions Announce Agreement to Co-develop Carbon Sequestration Sites

LCG, May 5, 2022--Minnkota Power Cooperative (“Minnkota”), a North Dakota-based electric generation and transmission cooperative, and Summit Carbon Solutions (“Summit”), an Iowa-based firm focused on the decarbonization of the agriculture and biofuels industries, recently announced that they lhave reached an agreement to co-develop carbon dioxide (CO2) storage facilities near Center, North Dakota.

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Industry News

OUC's Board Of Commissioners Approves Retirement of Coal Unit 1 and Conversion of Coal Unit 2 to Natural Gas at Stanton Energy Center

LCG, December 16, 2021--OUC (Orlando Utilities Commission) yesterday formally approved the retirement of Stanton Energy Center's (SEC) Unit 1 by no later than 2025 and the conversion of SEC's Unit 2 to natural gas by no later than 2027. Previously, Unit 1, OUC's oldest coal-fired power plant, had been slated for conversion to natural gas.

OUC’s General Manager and CEO stated, "Today's official adoption by our Board of Commissioners is further proof of our commitment to meet our goal of Net Zero CO2 emissions by 2050 with interim targets of 50 percent by 2030 and 75 percent in 2040. The retirement of Unit 1 also is a significant milestone toward fully eliminating coal-fired generation no later than 2027. As we continue our transition to clean energy, operational flexibility is key to maintaining the reliability, resiliency and affordability our customers expect."

To enable the retirement of the coal-fired Unit 1, OUC acquired in September the Osceola Generating Station, a 510-MW, simple-cycle natural gas-fired power plant located in Osceola County, Florida. The Osceola plant has three, dual-fuel gas turbines that can be rapidly powered up or down to better complement the growth of intermittent solar power installations in the area. The Osceola facility was inactive and is now undergoing renovations and testing, and it is expected to be fully operational no later than 2025.

In December 2020, OUC leadership recommended significantly reducing the use of coal by no later than 2025 and eliminating it entirely by no later than 2027. The announcement was the result of the utility's Electric Integrated Resource Plan (EIRP), the utility’s 30-year energy roadmap. OUC is pursuing its strategic objectives, which include continued investments in renewable energy and energy efficiency and driving the adoption of vehicle electrification and energy storage.
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