Light Post March 2020

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MARCH 2020

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Employee Spotlight: Dennis Dolan

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Operation Round Up report

A supplement to the Oklahoma Living

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Lig ght Post

the

Banana Walnut Bread recipe

PUBLISHED FOR MEMBERS OF KIAMICHI ELECTRIC COOPERATIVE

EIA forecasts rise in renewable energy generation nationwide

From the U.S. Energy Information Administration

In its latest Short-Term Energy Outlook (STEO), released on Jan. 14, the U.S. Energy Information Administration (EIA) forecasts that generation from natural gas-fired power plants in the electric power sector will grow by 1.3% in 2020. This growth rate would be the slowest growth rate in natural gas generation since 2017. EIA forecasts that generation from nonhydropower renewable energy sources, such as solar and wind, will grow by 15% in 2020—the fastest rate in four years. Forecast generation from coal-fired power plants declines by 13% in 2020. During the past decade, the electric power sector has been retiring coal-fired generation plants while adding more natural gas generating capacity. In 2019, EIA estimates that 12.7 gigawatts (GW) of coal-fired capacity in the United States was retired, equivalent to 5% of the total existing coal-fired capacity at the beginning of the year. An additional 5.8 GW of U.S. coal capacity is scheduled to retire in 2020, contributing to a forecast 13% decline in coal-fired generation this year. In contrast, EIA estimates that the electric power sector has added or plans to add 11.4 GW of capacity at natural gas combined-cycle power plants in 2019 and 2020. Generating capacity fueled by renewable energy sources, especially solar and wind, has increased steadily in recent years. EIA expects the U.S. electric power sector will add 19.3 GW of new utility-scale solar capacity in 2019 and 2020, a 65% increase from 2018 capacity levels. EIA expects a 32% increase of new wind

capacity—or nearly 30 GW—to be installed in 2019 and 2020. Much of this new renewables capacity comes online at the end of the year, which affects generation trends in the following year. Forecast generation mix varies in each of the 11 STEO electricity supply regions. EIA forecasts that coal generation in the mid-Atlantic will decline by 37 billion kilowatthours (kWh) in 2020. Some of this decline is offset by more generation from midAtlantic natural gas-fired power plants; EIA expects generation from these plants to grow by 23 billion kWh. IMPACT IN OKLAHOMA

KEC’s wholesale power provider, Western Farmers Electric Cooperative (WFEC), announced in July plans to add solar and battery storage projects to the Skeleton Creek Wind Farm, currently under construction by NextEra Energy Resources in Garfield, Alfalfa and Major counties near Enid. It will be the first combined project of its kind in Oklahoma and the largest of its kind in the nation. The solar project will add 250 megawatts (MW) of generation capacity and the four-hour battery storage project will add 200 MW. The wind farm, which was announced earlier in 2019, will produce 250 MW. Together, the projects will produce enough electricity to power more than 177,000 homes a year, which adds to WFEC’s already impressive renewable efforts.


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