New Solar Power Investments in Florida will Help Duke Energy Retire Coal Plants Starting in 2018

New Solar Power Investments in Florida
Solar energy is helping to close coal fired generation in Florida

New Solar Power Investments in Florida – ( Solar Thermal Magazine)

Duke Energy is venturing into solar power in a big way with plans to add up to 500 megawatts of utility-scale solar in Florida by 2024.┬áThe addition of solar was filed yesterday as part of the company’s 2015 Ten-Year Site Plan proposed to the Florida Public Service Commission (FPSC).

Alex Glenn, state president, Duke Energy Florida commented on the news:

Innovative investments in solar energy will provide customers with more options to use this resource, while diversifying our energy mix and continuing to meet the needs of Florida’s growing economy and population.

Construction of the first site planned to have a capacity of up to five megawatts will begin later this year with 35 megawatts expected to be completed by 2018. According to the company, these initial solar energy facilities will enable Duke Energy engineers to evaluate costs, and to monitor the effects of this resource on the electric grid infrastructure.

Over the past eight years, Duke Energy has invested more than $4 billion in wind and solar facilities in 12 states and this includes the company’s Stanton Solar Farm located in Orange County. The company plans to invest $2 billion to $3 billion in renewable energy in the next five years.

“The University of South Florida in St. Petersburg has long enjoyed a partnership with Duke Energy, which shares our values around sustainability and has established itself as a leader in developing solar and renewable programs,” said Jessica Blais, USFSP communications director.

We are excited that they will bring this expertise to others in Florida.

One megawatt of large-scale solar is equivalent to about 200 typical residential rooftop systems. The number varies by state and conditions.

Paving the way for solar energy
For many years, Duke Energy Florida has advanced solar technology in its service area, including:

  • Partnering with the University of South Florida in St. Petersburg to fund a $1 million solar photovoltaic (PV) installation that integrates a battery storage system on the school’s campus.
  • Funding more than $8 million to assist residential and commercial customers who installed approximately 2,000 of their own solar PV systems.
  • Funding more than $7 million in solar PV system installations at approximately 50 K-12 schools to help foster renewable energy education. Some of these schools also serve as emergency shelters.
  • Establishing a new Solar Service Center to safely and reliably integrate about 20 megawatts of rooftop solar owned by Duke Energy Florida’s customers on the electric grid.

 

About Gordon Smith
Gordon's expertise in the area of industrial energy efficiency and alternative energy. He is an experienced electrical engineer with a Masters degree in Alternative Energy technology. He is the co-founder of several renewable energy media sites including Solar Thermal Magazine.