Duke Energy Is Planning $145 Billion in Critical Energy Infrastructure Upgrades Over the Next Decade

Duke

From T&D World: “Eighty-five percent of the planned investment will fund the company’s generation fleet transition and grid modernization.”

Duke is planning the critical energy infrastructure upgrades to in order to meet customer demands on affordable, reliable, and green energy. Over the next ten years in energy upgrades, Duke plans to move towards its goal of achieving zero carbon emissions by 2050.

“Our customers’ expectations are clear – they want affordability and reliability to remain a central focus as we work to achieve net-zero carbon emissions by 2050,” said Lynn Good, Duke Energy chair, president and CEO. “We look forward to continuing our collaboration with customers, regulators, community leaders and other stakeholders to meet these expectations. These critical energy infrastructure investments will also provide substantial economic benefits, including job creation and tax revenue for essential governmental services in our regions.”

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Xcel Energy Strengthens the Grid with Advanced SVCs

Static-VAR-Compensators

T&D World – Xcel Energy uses flexible static VAR compensator topology to adapt to changing network conditions in New Mexico for more stability and voltage control.

In 2010, Xcel Energy Inc. was tasked by Southwest Power Pool Inc. (SPP) to build out the transmission system in southeast New Mexico, U.S., because the oil and gas industry in the area had a growing need for electricity. Oil producers were asking to convert from expensive diesel to more affordable electricity for their pumps. The request from SPP consisted of a transmission system expansion of new 115-kV and 345-kV projects in the region. Spending had to be prioritized between 2010 and 2021 because of the sheer scale of the plan needed to successfully implement the request.

Xcel Energy addressed the plan by implementing projects classified as high priority. This plan resulted in initiating 44 new transmission projects, an investment of US$557 million. In 2016, two static VAR compensators (SVCs) — the China Draw and Roadrunner — were built in southeast New Mexico to support SPP’s request.

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To build or not to build: TVA asks public to weigh in on construction of large solar farm

TVA-PV-Solar-Farm

RenewableEnergyWorld – The Tennessee Valley Authority (TVA) is asking for public input on the draft Environmental Impact Statement for the North Alabama Utility-Scale Solar Project in Lawrence County.

In January 2019, TVA announced that it holds a two-year purchase option on 3,000 acres in Lawrence County to study the feasibility of building a large solar farm in order to continue reducing its carbon footprint.  

The purpose of this EIS is to address the potential environmental effects associated with constructing, operating, maintaining, and decommissioning the solar facility.

The draft EIS includes two alternatives: a No Action Alternative and an Action Alternative. Under the No Action Alternative, TVA would not execute the purchase under the Purchase Option Agreement, and TVA would not develop a solar facility at this location. Under the Action Alternative, TVA would execute the purchase under the Purchase Option Agreement for the Lawrence County, Alabama, property. 

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Chattanooga EPB’s Gigabit Generated $2.7 Billion in Economic Benefits

EPB-fiber-optics-network

Telecompetitor – EPB of Chattanooga’s gigabit broadband infrastructure has generated $2.69 billion in economic benefits to the community during its first decade of operation, according to a gigabit economic benefits report from the Rollins College of Business at the University of Tennessee at Chattanooga. The study, which was conducted by Bento Lobo, Ph.D., head of the Department of Finance and Economics, identified five ways in which EBP of Chattanooga has benefited the community:

The infrastructure created and retained 9,516 jobs, which is about 40% of jobs created in Hamilton County during the study period.

The project kept unemployment down. This is especially true during the COVID-19 pandemic. The network enabled businesses to transition quickly to remote work. The U.S. Bureau of Labor Statistics says that the county’s unemployment rate in November 2020 was 4.7%. That’s a lower rate than the state of Tennessee overall and also lower than in the U.S. overall (5.3% and 6.7%, respectively).

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State regulators fine Xcel Energy $1M over dispute with solar developers

solar-farm

StarTribune – Minnesota utility regulators Thursday slapped Xcel Energy with a rare $1 million fine for a bevy of complaints over delays in connecting solar projects to the electricity grid.

Almost all of the roughly 120 complaints were filed by St. Paul-based All Energy Solar in 2019. A solar trade group said All Energy’s grievances reflect longstanding and costly interconnection problems with Xcel for the entire industry.

Minneapolis-based Xcel, the state’s largest electric utility, has acknowledged shortcomings. But it argues that the big batch of complaints should be rolled into one.

The Minnesota Public Utilities Commission (PUC) unanimously disagreed with Xcel’s assertion but split on whether to immediately hit Xcel with the $1 million fine.

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