Monday, December 22, 2014

How Many New Solar Projects Will There Be?

A solar power project was just approved in Kentucky .  This project was first proposed when oil was at above $100 per barrel.  Now at $60 per barrel oil is much cheaper and solar is relatively more expensive.
In an order issued Friday, Dec. 19, the PSC authorized Kentucky Utilities Co. (KU) and
Louisville Gas & Electric Co. (LG&E) to build a 10-megawatt (MW) photovoltaic solar array at the E.W. Brown Generating Station in Mercer County. A megawatt of generating capacity produces enough power to supply about 800 average homes.
Friday’s order approves an agreement reached by the two utilities and two other parties
to the case: the Sierra Club, and Kentucky Industrial Utility Customers Inc. The PSC found the agreement to be consistent with its own analysis of the case. The Kentucky Office of Attorney General was a party to the case but did not sign the agreement.
The request was made by LG&E and KU to the KY PSC in August 2014. (LGE-KU)

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