OUC History Book

Page 52

OUC Sells Indian River Plant Steam Units, Diversifying the Generation Portfolio Negotiating the sale of the Indian River

looming in the future, OUC analyzed its

Plant steam units in 1999 signaled an

power generation facilities and other assets

important new direction for OUC. By selling

to determine how best to use them over

the steam units, but continuing to purchase

the short and long terms.

their power, the facility generated additional

In response to feedback from commercial customers, OUConsumption Online was developed to satisfy the need for easy access to online energy load data.

OUC sold the Indian River steam units

cash to invest in newer, cleaner technology.

to Reliant Energy for $205 million in cash,

The transaction was the first in a series of

a four-year agreement to purchase power

strategic moves in an asset restructuring plan

from the facility and an additional four-year

that called for diversifying the utility’s power

power purchase option. OUC maintained

resource portfolio and investing in more

ownership of the four combustion turbines

modern facilities. With market deregulation

at the plant.

OUC CONVENIENT LIGHTING BEGINS OPERATION In the fall of 2000, OUC flipped the switch

lighting solutions, customers could keep their

established to provide complete outdoor

electric and maintenance costs down.

lighting services for a wide spectrum of

OUC Begins Generating Electricity from Landfill Gas

for a monthly service fee. With OUC’s efficient

on OUConvenient Lighting, a new division

As part of this new venture, the lighting

commercial applications —

division entered a 10-year

from industrial parks to

contract with the City of

sports complexes to

Orlando to provide

residential developments.

complete installation and

The division was a

maintenance of the Citrus

natural fit, pairing OUC’s

Bowl’s field lighting —

On April 1, 1998, the Stanton Energy

the landfill and piped to SEC where it is

The gas from the landfill produces close

reputation for reliability with area businesses’

replacing the stadium’s old lights with higher

Center (SEC) began burning landfill gas

co-fired with coal. In addition to helping

to 100,000 megawatt hours of reduced-

need to install and maintain street lights and

output, energy-efficient ones. The project

from the Orange County landfill. One

reduce greenhouse gas emissions from

emissions power — offsetting about

exterior lighting on their properties. Under

increased the facility’s brightness and

44,000 tons of coal each year.

the program, OUC purchased, installed and

reduced energy costs, while using only half

maintained the lighting fixtures and lamps

as many fixtures.

of the largest and longest-running efforts

the landfill, the 12-MW green energy

of its kind in the state, the OUC Landfill

program displaces more than three

Looking to the future, OUC and Orange

Project is an economical renewable

percent of the fossil fuel required for

County have signed new agreements for

source of energy that is also reliable and

SEC Units 1 and 2, and provides enough

future landfill projects — expanding

sustainable. Methane gas is captured from

electricity every day for 10,000 homes.

capacity to 22 MW.

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