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Southern Power Acquires Third Wind Project in Oklahoma from Apex Clean Energy

LCG, August 31, 2016--Southern Company subsidiary Southern Power Monday announced the acquisition of the 147-MW Grant Plains wind project in Oklahoma from the developer, Apex Clean Energy. Construction began early this year, and the facility is scheduled to achieve commercial operation in December 2016.

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Recurrent Energy Achieves Commercial Operation of 100-MW Mustang Solar Power Project

LCG, August 25, 2016--Canadian Solar Inc. Tuesday announced that its wholly owned subsidiary, Recurrent Energy, has reached commercial operation of the Mustang solar photovoltaic (PV) power project, which is located on a 1,000-acre site in Kings County, California. The renewable energy generated by the 100-MW project will be sold under long-term power purchase agreements (PPAs) to Sonoma Clean Power and MCE.

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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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