November 5 (Solar) – Florida is expected to install 7,125 MW of solar generation capacity over the next 10 years, according to the Florida Public Service Commission's (PSC) annual Ten-Year Site Plan Report, released last week.
This total includes 5,551 MW of utility-owned and 1,574 MW of contracted solar. The state's existing installed solar capacity stands at 804 MW, according to the report.
Renewable capacity is expected to increase by a net 7,049 MW over the 10-year period, which is considerably more than last year's projection of 4,204 MW. Hence, the share of renewables in Florida's power generation resources will climb to 8% from 2% now. Natural gas remains the dominant source, with its share increasing to 66% from 64%.
The report is produced based on annual submissions of Ten-Year Site Plans by utilities to the commission. Commenting on it, PSC commissioner Gary F Clark said that the role of solar energy will continue to grow, aided by battery storage.
"Interestingly, this planning cycle differs from others in that renewable capacity is projected to become the second highest installed capacity source in our state," Clark also said.
The PSC separately said it has approved a stipulated agreement on cost recovery for five solar projects totalling 260 MW of Tampa Electric Co (TECO). The facilities — Lithia, Grange Hall, Peace Creek, Bonnie Mine, and Lake Hancock in Hillsborough and Polk Counties — should be up and running by the start of 2019.