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FERC Authorizes Sabal Trail Transmission and Florida Southeast Connection Pipelines to Serve Florida

LCG, February 4, 2016 The Federal Energy Regulatory Commission (FERC) issued a certificate of public convenience and necessity (CPCN) for the approximately 515-mile Sabal Trail and 126-mile Florida Southeast Connection pipelines. The certificate authorizes the pipeline companies to build and operate the pipelines. Construction is expected to begin in the coming months to meet a May 1, 2017, in-service date.

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Samsung and Pattern Development Announce Construction Complete at 180 MW Armow Wind Power Facility in Ontario

LCG, February 2, 2016--Samsung Renewable Energy, Inc. (Samsung) and Pattern Energy Group LP ("Pattern Development") yesterday announced that construction of the 180-MW Armow Wind power facility is complete and that the facility is now fully operational. The Armow Wind power facility now operates under a 20-year power purchase agreement (PPA) with the Independent Electricity System Operator (IESO).

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Industry News

Cost Estimate Up for Duke's New Nuclear Power Station

LCG, November 5, 2008--Duke Energy Carolinas informed the North Carolina Utilities Commission that the estimated cost to build the proposed William States Lee, III Nuclear Station in South Carolina has risen to $11 billion, or approximately double the original estimate, excluding financing. The new power plant is scheduled to be operational in 2018 in order to meet Duke Energy Carolina's forecast growth in electric demands.

Duke proposes to install two 1,117-MW reactors and to use Westinghouse Electric's AP1000 design, which incorporates passive safety features. The Nuclear Regulatory Commission (NRC) approved the Design Certification on December 30, 2005.

Last February Duke received notification from the NRC that the combined construction and operating license (COL) application for Lee Nuclear Station submitted December 2007 was accepted and docketed.

Duke's COL application relies upon the COL application to build two nuclear reactors at TVA's Bellefonte site in northern Alabama that was submitted October 31, 2007 to the NRC by the Tennessee Valley Authority (TVA) and NuStart Energy, a consortium of nuclear energy companies that includes Duke.

Other companies that have announced the selection of the AP1000 design as the basis for additional COL applications to construct reactors include Progress Energy, Southern Company, SCANA and Santee Cooper.

Duke's proposal is relatively unique for the United States in that Duke plans to build the reactors at a greenfield site, rather than to add capacity at an existing nuclear power station. The greenfield site is located in Cherokee County, South Carolina.
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