Colorado company building Westside solar park
Juwi solar Inc., based in Boulder, Colorado, will sell the generated electricity to JEA over 30 years. Less than 1 percent of the public utilityÂ’s electrical capacity comes from alternative energy.
JEA will buy 22,430 megawatt-hours of electricity from Juwi in 2010 for about $3.5 million.
The utility plans to buy enough electricity to power 40,000 homes from a Hamilton County plant that will turn wood waste into energy. Duke Energy Corp., one of the nationÂ’s largest electric power companies, and Areva Inc., an international nuclear power providerÂ’s American subsidiary, are building a $200 million biopower facility will have a 50-megawatt capacity when it goes online in 2012.
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Electricity Payouts on Biggest U.S. Grid Fall 64 Per Cent in Auction
NEW YORK - Power-plant owners serving the biggest U.S. grid will be paid 64% less next year for being on standby to keep the lights on from New Jersey to Illinois.
Suppliers to PJM Interconnection LLC’s grid, which serves more than 65 million people, will get $50 a megawatt-day to provide capacity for the the year starting June 2022, according to the results of an auction released Wednesday. That’s down sharply from $140 in the previous auction, held in 2018. Analysts had expected the price would fall to about $85.
“Renewables, nuclear and new natural gas generators saw the greatest increases in…
