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Released May 02, 2017 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--Arizona Public Service (APS) (Phoenix, Arizona) recently announced that it will increase the use of solar power and battery storage over the next 15 years as part of its Integrated Resource Plan. The company's resource requirement is expected to reach 13 gigawatts (GW) by 2032, or about 60% higher than current usage of 8 GW, as a result of population and economic growth in Arizona.
Industrial Info is tracking 13 solar projects in Arizona valued at $4.66 billion, which includes one battery energy storage project valued at $24 million.
APS also wants to increase the use of advanced grid technologies, such as distributed energy resources, microgrids and energy storage technologies, and reduce the company's dependence on coal-fired generation over the next 15 years. Also, in order to integrate more renewable energy resources, the company will also increase natural gas-fired generation from 26% to 33% by 2032. Already under way is the modernization of the APS-owned Ocotillo power station near Tempe, Arizona, with the addition of five quick-start, natural gas-fired combustion turbine generators, scheduled to complete by 2019. For additional information, see September 19, 2016, article - Arizona Could Boost Renewable Portfolio Standard by 30%.
APS also released a request for proposal (RFP) for peaking capacity this month for 400 to 700 megawatts (MW) of capacity to meet peak demand starting in 2021 for the months of June through September. The company is seeking competitive proposals due on July 14 and the RFP will complete in December of 2017.
The Arizona Corporation Commission (Phoenix, Arizona), whose responsibilities include regulating public utility companies, recently held a workshop to discuss the future of coal in the state as well as the fate of the coal-fired, 2,250-MW Navajo Generating Station, which is scheduled to close by 2019. Peabody Energy Corporation (NYSE:BTU) (St. Louis, Missouri) , which supplies coal to the facility, was a participant in the workshop and submitted a reduced priced fuel proposal, which could help to keep the power plant open and prevent 3,000 direct and indirect jobs from being lost. The largest coal-fired power plant in the western U.S. is facing increased competition from natural gas and renewable energy generation and environmental regulations. In February, the owners of the plant voted to close due to financial losses.
For related information, see April 3, 2017, article - Coal-Fired Power Takes Another Hit as Owners Decide to Close Navajo Generating Station and April 5, 2017, article - Peabody Energy Emerges from Bankruptcy, Focuses on Debt Reduction.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 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. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.
Industrial Info is tracking 13 solar projects in Arizona valued at $4.66 billion, which includes one battery energy storage project valued at $24 million.
APS also wants to increase the use of advanced grid technologies, such as distributed energy resources, microgrids and energy storage technologies, and reduce the company's dependence on coal-fired generation over the next 15 years. Also, in order to integrate more renewable energy resources, the company will also increase natural gas-fired generation from 26% to 33% by 2032. Already under way is the modernization of the APS-owned Ocotillo power station near Tempe, Arizona, with the addition of five quick-start, natural gas-fired combustion turbine generators, scheduled to complete by 2019. For additional information, see September 19, 2016, article - Arizona Could Boost Renewable Portfolio Standard by 30%.
APS also released a request for proposal (RFP) for peaking capacity this month for 400 to 700 megawatts (MW) of capacity to meet peak demand starting in 2021 for the months of June through September. The company is seeking competitive proposals due on July 14 and the RFP will complete in December of 2017.
The Arizona Corporation Commission (Phoenix, Arizona), whose responsibilities include regulating public utility companies, recently held a workshop to discuss the future of coal in the state as well as the fate of the coal-fired, 2,250-MW Navajo Generating Station, which is scheduled to close by 2019. Peabody Energy Corporation (NYSE:BTU) (St. Louis, Missouri) , which supplies coal to the facility, was a participant in the workshop and submitted a reduced priced fuel proposal, which could help to keep the power plant open and prevent 3,000 direct and indirect jobs from being lost. The largest coal-fired power plant in the western U.S. is facing increased competition from natural gas and renewable energy generation and environmental regulations. In February, the owners of the plant voted to close due to financial losses.
For related information, see April 3, 2017, article - Coal-Fired Power Takes Another Hit as Owners Decide to Close Navajo Generating Station and April 5, 2017, article - Peabody Energy Emerges from Bankruptcy, Focuses on Debt Reduction.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 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. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.
