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Fourteen utility-scale projects selected for North Carolina's Competitive Procurement of Renewable ...
https://dailyenergyinsider.com/news/18877-fourteen-utility-scale-projects-selected-for-north-carolinas-competitive-procurement-of-renewable-energy-program/Fourteen utility-scale projects selected for North Carolina’s Competitive Procurement of Renewable Energy program
Published on April 19, 2019 by Kevin Randolph
Fourteen utility-scale solar projects were recently selected during an independently judged bidding process as part of North Carolina’s Competitive Procurement of Renewable Energy (CPRE) program.
Duke Energy will produce or purchase 602 megawatts (MW) of renewable energy from projects under the program.
According to independent administrator Accion Group, the projects will provide Duke Energy customers with savings of approximately $375 million over the 20-year contract period as compared to the company’s Avoided Cost, the price at which many solar contracts were set before the CPRE program.
“There was robust interest in the CPRE program, and the selected projects will provide 20 years of cost-effective energy to the Duke Energy system,” Harry Judd of the Accion Group said. “Given the response, we are expecting the next phase of the program to also bring cost savings to customers.”
…
Published on April 19, 2019 by Kevin Randolph
Fourteen utility-scale solar projects were recently selected during an independently judged bidding process as part of North Carolina’s Competitive Procurement of Renewable Energy (CPRE) program.
Duke Energy will produce or purchase 602 megawatts (MW) of renewable energy from projects under the program.
According to independent administrator Accion Group, the projects will provide Duke Energy customers with savings of approximately $375 million over the 20-year contract period as compared to the company’s Avoided Cost, the price at which many solar contracts were set before the CPRE program.
“There was robust interest in the CPRE program, and the selected projects will provide 20 years of cost-effective energy to the Duke Energy system,” Harry Judd of the Accion Group said. “Given the response, we are expecting the next phase of the program to also bring cost savings to customers.”
…
