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Southern Announces Solar Project to Supply Georgia EMCs

LCG, December 18, 2014-Southern Company subsidiary Southern Power announced yesterday its plan to develop a 131-MW solar photovoltaic (PV) project in Georgia. The electricity and associated renewable energy credits (RECs) will be sold under 25-year power purchase agreements (PPAs) to three Georgia electric membership corporations: Cobb Electric Membership Corporation (Cobb EMC), Flint Electric Membership Corporation (doing business as Flint Energies) and Sawnee Electric Membership Corporation (Sawnee EMC). Cobb EMC has contracted for approximately 101 MW of capacity, and Flint Energies and Sawnee EMC have each contracted for approximately 15 MW.

FootPrint Power Hires Iberdrola to Construct Combined-Cycle Plant in Salem

LCG, December 16, 2014-Iberdrola USA announced Friday that its sister company, Iberdrola Engineering and Construction, has been hired by Footprint Power of Bridgewater, New Jersey to build a 674-MW combined-cycle electric generating facility in Salem, Massachusetts. Iberdrola Engineering will be responsible for all engineering, construction, commissioning, and site work for the project. The new, gas-fired facility will incorporate GE's Flex-Efficiency design.

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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