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Released June 11, 2021 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--When it comes to new power generating capacity being constructed in the U.S., renewable energy dominates the landscape, and the Rocky Mountains market region is no different. The region, which includes Arizona, Colorado, Idaho, Montana, New Mexico, Nevada, Utah and Wyoming, is home to nearly $3.3 billion in planned third-quarter 2021 power project starts, mostly in the form of solar and wind energy.
Click on the image at right for a breakdown by fuel type of planned third-quarter power project starts in the Rocky Mountains region.
Perhaps no other U.S. utility has embraced renewable energy as much as NextEra Energy Incorporated (NYSE:NEE) (Juno Beach, Florida), which claims to be the world's largest generator of renewable energy from the wind and sun. NextEra plans on kicking off the Neptune solar project in Pueblo, Colorado, in the upcoming quarter. According to the Colorado Energy Office, Colorado ranked 13th in the nation for installed solar capacity, with slightly more than 1,536 megawatts (MW) of solar energy installed as of 2020. The 250- MW Neptune facility is being built on a 3,840-acre site and will include a 125-MW battery energy storage system (BESS), using lithium-ion battery technology. The projects are expected to be completed by the end of next year. If you subscribe to Industrial Info's Global Market Intelligence (GMI) Power Project Database, click here to view the project report for the solar plant and here for the BESS.
Wind power also will make itself felt in Colorado with Leeward Renewable Energy LLC's (Dallas, Texas) upcoming Panorama Windfarm, near Grover, about 100 miles northeast of Denver. Leeward seems intent on bringing wind power to the state, as late last year it completed the 170-MW Mountain Breeze Windfarm, which has a power purchase agreement with the Colorado branch of Xcel Energy Incorporated (NASDAQ:XEL) (Minneapolis, Minnesota). The upcoming Panorama project will generate 145 MW of power through the construction of 53 2.7-MW wind turbines. Construction is planned to kick off late this summer and will take about a year to complete. For more information, see Industrial Info's project report.
New Mexico is seeing an influx of solar projects in San Juan County, in the northwest corner of the state, near the Four Corners area. Photosol US Renewable Energy's (Provo, Utah) San Juan solar facility will be the first of three solar projects planned by the company in the county. The facility is being built near the coal-fired San Juan Generating Station (SJGS), which Public Service Company of New Mexico (PNM) (Albuquerque, New Mexico) plans to cease operating in 2022. New Mexico's Public Regulation Commission ruled in favor of the company's application to abandon operations of SJGS beginning June 30, 2022, in April last year. The San Juan solar facility will have a generating capacity of 200 MW and an accompanying 100-MW BESS. Construction is planned to be completed next summer, near the time of the coal-fired plant's closure. For more information, see Industrial Info's project reports on the solar plant and BESS.
Another solar project in San Juan County that originally was targeting a June 2022 completion date has been delayed due to siting issues, according to news media. To replace the area's power before the closure of SJGS, the PNM issued two new requests for proposals (RFPs) last month for facilities that could be completed before the closure. New Mexico is aiming for its utilities to generate 100% of their electricity from carbon-free sources by 2045.
In addition to coal-fired facilities, older, less efficient natural gas-fired facilities are being closed throughout the country as they are replaced by cleaner forms of energy, and a dismantlement/demolition project on one of these is set to kick off in the upcoming quarter. Xcel Energy's 103-MW Zuni plant, which began service in 1948 and stopped operations in 2019, will be dismantled and demolished beginning in the upcoming quarter. Burns & McDonnell Incorporated (Kansas City, Missouri) is the consultant on the project, which is expected to be completed in the summer of 2023. For more information, see Industrial Info's project report.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.
Click on the image at right for a breakdown by fuel type of planned third-quarter power project starts in the Rocky Mountains region.Perhaps no other U.S. utility has embraced renewable energy as much as NextEra Energy Incorporated (NYSE:NEE) (Juno Beach, Florida), which claims to be the world's largest generator of renewable energy from the wind and sun. NextEra plans on kicking off the Neptune solar project in Pueblo, Colorado, in the upcoming quarter. According to the Colorado Energy Office, Colorado ranked 13th in the nation for installed solar capacity, with slightly more than 1,536 megawatts (MW) of solar energy installed as of 2020. The 250- MW Neptune facility is being built on a 3,840-acre site and will include a 125-MW battery energy storage system (BESS), using lithium-ion battery technology. The projects are expected to be completed by the end of next year. If you subscribe to Industrial Info's Global Market Intelligence (GMI) Power Project Database, click here to view the project report for the solar plant and here for the BESS.
Wind power also will make itself felt in Colorado with Leeward Renewable Energy LLC's (Dallas, Texas) upcoming Panorama Windfarm, near Grover, about 100 miles northeast of Denver. Leeward seems intent on bringing wind power to the state, as late last year it completed the 170-MW Mountain Breeze Windfarm, which has a power purchase agreement with the Colorado branch of Xcel Energy Incorporated (NASDAQ:XEL) (Minneapolis, Minnesota). The upcoming Panorama project will generate 145 MW of power through the construction of 53 2.7-MW wind turbines. Construction is planned to kick off late this summer and will take about a year to complete. For more information, see Industrial Info's project report.
New Mexico is seeing an influx of solar projects in San Juan County, in the northwest corner of the state, near the Four Corners area. Photosol US Renewable Energy's (Provo, Utah) San Juan solar facility will be the first of three solar projects planned by the company in the county. The facility is being built near the coal-fired San Juan Generating Station (SJGS), which Public Service Company of New Mexico (PNM) (Albuquerque, New Mexico) plans to cease operating in 2022. New Mexico's Public Regulation Commission ruled in favor of the company's application to abandon operations of SJGS beginning June 30, 2022, in April last year. The San Juan solar facility will have a generating capacity of 200 MW and an accompanying 100-MW BESS. Construction is planned to be completed next summer, near the time of the coal-fired plant's closure. For more information, see Industrial Info's project reports on the solar plant and BESS.
Another solar project in San Juan County that originally was targeting a June 2022 completion date has been delayed due to siting issues, according to news media. To replace the area's power before the closure of SJGS, the PNM issued two new requests for proposals (RFPs) last month for facilities that could be completed before the closure. New Mexico is aiming for its utilities to generate 100% of their electricity from carbon-free sources by 2045.
In addition to coal-fired facilities, older, less efficient natural gas-fired facilities are being closed throughout the country as they are replaced by cleaner forms of energy, and a dismantlement/demolition project on one of these is set to kick off in the upcoming quarter. Xcel Energy's 103-MW Zuni plant, which began service in 1948 and stopped operations in 2019, will be dismantled and demolished beginning in the upcoming quarter. Burns & McDonnell Incorporated (Kansas City, Missouri) is the consultant on the project, which is expected to be completed in the summer of 2023. For more information, see Industrial Info's project report.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.
