Florida utility Tampa Electric to add 600MW of solar in next three years

first_img FacebookTwitterLinkedInEmailPrint分享Florida Politics:Tampa Electric Company (TECO) announced Wednesday it would invest about $800 million to add another 600 megawatts of solar power in the next three years.When complete, the solar expansion will reduce carbon dioxide emissions by about 500,000 tons every year, which is roughly equal to removing 100,000 cars from the road.With this expansion, TECO will have a total of more than 1,250 megawatts of solar power — enough to power more than 200,000 homes — with about 14% of the utility’s energy fueled by the sun, the highest percentage of solar power of any utility in the state.The solar expansion will also prove less expensive to customers than if TECO kept its fleet as it is today. This expansion will significantly change the company’s generation mix, as the utility continues to reduce its use of coal. In the past 20 years, Tampa Electric has reduced its use of coal by 92% and has cut its carbon footprint in half.TECO’s investment in solar power has also saved more than 1.4 billion gallons of water — significantly helping an area of the state that has critical concerns over water use.More: Cleaner and greener: TECO announces major solar expansion Florida utility Tampa Electric to add 600MW of solar in next three yearslast_img read more

Nearing winter season bumps Japan’s October spot LNG price

first_imgLNG World News Staff Image courtesy of Tokyo GasThe average price of spot-LNG imported into Japan that was contracted in October 2017 reached $8.2 as the winter heating season nears. The contract-based price rose 18.8 percent from $6.9 per mmBtu in September reaching an eight-month high, the data from Japan’s Ministry of Economy, Trade and Industry shows.The arrival-based price has also shown an increase from $5.8 per mmBtu in September to $6.1 per mmBtu during the month under review, a 5.1 percent increase.Only spot LNG cargoes are taken into account in this assessments, excluding short, medium and long-term contract cargoes, as well as those linked to a particular price index.last_img read more