- Feb 21, 2020 1:52 pm GMT
- 448 views
Here is an example of a utility that has done a good job of replacing most of its coal generation with NG.
TECO, like many U.S. utilities, is increasing its use of renewable resources as it phases out coal-fired generation. The company, which serves customers in west-central Florida, said it has cut its coal use by 92% since 2000. About 84% of its electricity comes from natural gas.
Once the last remaining coal is gone - new solar will replace NG.
Tampa Electric Co. (TECO) on Feb. 19 said it plans to invest about $800 million to add another 600 MW of solar power generation capacity by year-end 2023. TECO on Wednesday said the expansion will increase its solar portfolio to more than 1.25 GW of solar generation, or about 14% of its total generation mix.
This is the second solar project that TECO has implemented. The first project which was announced in Sep 2017 was spread over 3+ years.
The first phase, which includes two projects totaling almost 150 MW, is scheduled to be complete in September 2018. The second phase, which includes four projects totaling about 250 MW, is scheduled to be complete by Jan. 1, 2019. Two other phases are scheduled to be complete by Jan. 1 of 2020 and 2021.
It's good to see TECO starting this second project while first is still wrapping up. Note: the cost for first 600MW project was $850M.