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Released January 15, 2018 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--The California Public Utilities Commission recently voted to let the state's two remaining nuclear reactors, located at the Diablo Canyon power plant near Avila Beach, be permanently closed when their federal operating licenses expire in 2024 and 2025. The plant's owner and operator, PG&E Corporation (NYSE:PCG) (San Francisco, California), says the reactors' carbon-free power generation will no longer be needed due to an influx of renewable energy into the state and lower consumer usage. The facility has a generating capacity of 2,256 megawatts (MW).
"We chart a new energy future by phasing out nuclear power here in California," said California Public Utilities Commission President Michael Picker. "Diablo Canyon is no longer economic, and PGE&E has asked us to allow to close it down." Among the other nuclear closures in California is that of the San Onofre Nuclear Generating Station, which was shut down in 2013 following premature wear found on tubes in replacement steam generators. For more information, see Industrial Info's project report.
Join Industrial Info on January 17 at its North American Industrial Market Outlook event in Houston, Texas. Please join us as we discuss the latest trends that will impact project spending in North America, including the Gulf Coast region, over the next 12-24 months. Industrial Info is tracking almost 2,000 projects valued at more than $395 billion in the Texas and Louisiana Gulf Coast region, with almost 23% of the investment dollars currently expected to kick off in 2018. Following the presentation, join us for our networking event with your industry peers. Complimentary drinks and hors d'oeuvres will be served. IIR's industry experts also will be available after the presentation for Q&A. Finally, learn about what's new with IIR's Global Market Intelligence (GMI) Integrated Platform and get live demonstrations of our new tools and databases. RSVP Now!
California has some of the most stringent renewables portfolio standards (RPS) in the U.S., helping account for some of the reason the Diablo Canyon plant will no longer be needed. The state's RPS mandates that retail sellers and publicly owned utilities procure 33% of their power from renewable sources by 2020 and 50% by the end of 2030, causing a number of renewable energy projects to be built in the state. Industrial Info is tracking $31.4 billion in active renewable energy projects in California, with solar power featuring quite heavily.
Among the largest of these projects is First Solar Incorporated's (NASDAQ:FSLR) (Tempe, Arizona) planned Desert Quartzite Solar Plant near Blythe, California. The project will be built on 4,800 acres of land, using First Solar's thin-film cadmium photovoltaic solar modules to produce 300 MW. Construction on the $800 million project is planned to begin in the first half of next year, taking a little less than two years to complete. For more information, see Industrial Info's project report.
Already under construction is the grassroot Panoche Valley Solar Power Station, near Paicines. Construction on the 130-MW solar farm began in 2016 and is expected to be completed this summer. The facility spans 4,717 acres in the central-western part of the state. AMEC Foster Wheeler (NYSE:AMFW) (London, England) is providing engineering, procurement and construction (PEC). For more information, see Industrial Info's project report.
Near Santa Nella Village, Frontier Renewables (San Mateo, California) plans to begin construction on the 200-MW Wright Solar Park on a 1,392-acre site. Construction on the $680 million project is expected to begin next year and be completed in summer 2020. Tartaglia Engineering (Atascadero, California) is providing engineering. For more information, see Industrial Info's project report.
While not nearly as prominent as solar, wind also features in the state's renewable energy plans. ArcLight Capital Partners LLC (Boston, Massachusetts) is underway on the 132-MW Voyager Wind I project six miles west of the town of Mojave. Construction began late last year and is expected to be completed in early 2019. The project entails construction of 56 2-MW wind turbine-generators and associated facilities. Blattner Energy Incorporated (Avon, Minnesota) is performing EPC work. For more information, see Industrial Info's project report.
While California plans to lean heavily on renewables for future generation, Industrial Info also is tracking almost $7 billion in active natural gas-fired projects in the state. Among these is NRG Energy Incorporated's (NYSE:NRG) (Houston, Texas) 600-MW simple-cycle plant being constructed in Carlsbad, California. Construction on the Carlsbad Energy Center began early last year and is expected to be wrapped up in late 2019. Burns & McDonnell Incorporated (Kansas City, Missouri) is performing engineering work on the $600 million project, and ARB Incorporated (Lake Forest, California) is turnkey contractor. For more information, see Industrial Info's project report.
Summit Power Group Incorporated (Seattle, Washington) plans to begin construction next year on a 700-MW natural gas-fired, combined-cycle facility on a 50-acre site near Palmdale. The project is expected to reach authorization for expenditure (AFE) stage this quarter. DayZen LLC (Sacramento, California) is consultant on the project, which is expected to be completed by the end of 2021. 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. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.
"We chart a new energy future by phasing out nuclear power here in California," said California Public Utilities Commission President Michael Picker. "Diablo Canyon is no longer economic, and PGE&E has asked us to allow to close it down." Among the other nuclear closures in California is that of the San Onofre Nuclear Generating Station, which was shut down in 2013 following premature wear found on tubes in replacement steam generators. For more information, see Industrial Info's project report.
Join Industrial Info on January 17 at its North American Industrial Market Outlook event in Houston, Texas. Please join us as we discuss the latest trends that will impact project spending in North America, including the Gulf Coast region, over the next 12-24 months. Industrial Info is tracking almost 2,000 projects valued at more than $395 billion in the Texas and Louisiana Gulf Coast region, with almost 23% of the investment dollars currently expected to kick off in 2018. Following the presentation, join us for our networking event with your industry peers. Complimentary drinks and hors d'oeuvres will be served. IIR's industry experts also will be available after the presentation for Q&A. Finally, learn about what's new with IIR's Global Market Intelligence (GMI) Integrated Platform and get live demonstrations of our new tools and databases. RSVP Now!
California has some of the most stringent renewables portfolio standards (RPS) in the U.S., helping account for some of the reason the Diablo Canyon plant will no longer be needed. The state's RPS mandates that retail sellers and publicly owned utilities procure 33% of their power from renewable sources by 2020 and 50% by the end of 2030, causing a number of renewable energy projects to be built in the state. Industrial Info is tracking $31.4 billion in active renewable energy projects in California, with solar power featuring quite heavily.
Among the largest of these projects is First Solar Incorporated's (NASDAQ:FSLR) (Tempe, Arizona) planned Desert Quartzite Solar Plant near Blythe, California. The project will be built on 4,800 acres of land, using First Solar's thin-film cadmium photovoltaic solar modules to produce 300 MW. Construction on the $800 million project is planned to begin in the first half of next year, taking a little less than two years to complete. For more information, see Industrial Info's project report.
Already under construction is the grassroot Panoche Valley Solar Power Station, near Paicines. Construction on the 130-MW solar farm began in 2016 and is expected to be completed this summer. The facility spans 4,717 acres in the central-western part of the state. AMEC Foster Wheeler (NYSE:AMFW) (London, England) is providing engineering, procurement and construction (PEC). For more information, see Industrial Info's project report.
Near Santa Nella Village, Frontier Renewables (San Mateo, California) plans to begin construction on the 200-MW Wright Solar Park on a 1,392-acre site. Construction on the $680 million project is expected to begin next year and be completed in summer 2020. Tartaglia Engineering (Atascadero, California) is providing engineering. For more information, see Industrial Info's project report.
While not nearly as prominent as solar, wind also features in the state's renewable energy plans. ArcLight Capital Partners LLC (Boston, Massachusetts) is underway on the 132-MW Voyager Wind I project six miles west of the town of Mojave. Construction began late last year and is expected to be completed in early 2019. The project entails construction of 56 2-MW wind turbine-generators and associated facilities. Blattner Energy Incorporated (Avon, Minnesota) is performing EPC work. For more information, see Industrial Info's project report.
While California plans to lean heavily on renewables for future generation, Industrial Info also is tracking almost $7 billion in active natural gas-fired projects in the state. Among these is NRG Energy Incorporated's (NYSE:NRG) (Houston, Texas) 600-MW simple-cycle plant being constructed in Carlsbad, California. Construction on the Carlsbad Energy Center began early last year and is expected to be wrapped up in late 2019. Burns & McDonnell Incorporated (Kansas City, Missouri) is performing engineering work on the $600 million project, and ARB Incorporated (Lake Forest, California) is turnkey contractor. For more information, see Industrial Info's project report.
Summit Power Group Incorporated (Seattle, Washington) plans to begin construction next year on a 700-MW natural gas-fired, combined-cycle facility on a 50-acre site near Palmdale. The project is expected to reach authorization for expenditure (AFE) stage this quarter. DayZen LLC (Sacramento, California) is consultant on the project, which is expected to be completed by the end of 2021. 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. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.
