Tampa Electric takes steps to go solar
The company said it has entered a partnership to build the plant near Mulberry in Plant City. It will generate 25 megawatts of solar power — enough to power more than 3,400 homes.
The utilityÂ’s president, Chuck Black, says the decision is based on new clean-air standards adopted by the state and plans to require the use of more renewable power in Florida.
The project will create 200 construction jobs.
The downfall of the project? Black says customers will be paying higher electric bills since solar power is more expensive than power made from coal or natural gas.
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Solar changing shape of electricity prices in Northern Europe
BERLIN - The latest EU electricity market report has confirmed the affect deeper penetration of solar is having on power prices.
The Quarterly Report on European Electricity Markets for the final three months of last year noted the number of periods of negative electricity pricing doubled from 2019, to almost 1,600 such events.
Having experienced just three negative price events in 2019, the Netherlands recorded almost 100 last year “amid a dramatic increase in solar PV capacity,” in the nation, according to the report.
Whilst stressing the exceptional nature of the Covid-19 pandemic on power consumption patterns, the quarterly update also noted a…