Log in



Lost your password?
EnerKnol
  • Home
  • About
  • EK Research
  • News
  • Platform
  • Coverage
  • Case Studies
  • EnerKnol Calendar
  • Press
Log on To EnerKnol Platform Book Demo
  • Home
  • About
  • EK Research
  • News
  • Platform
  • Coverage
  • Case Studies
  • EnerKnol Calendar
  • Press
Login Book Demo
Duke Seeks to Shorten Price Fixing Period for Renewable Power Contracts in Florida, Citing Deluge of Projects

Duke Energy Florida LLC seeks to cut to two years the duration for fixing prices for the purchase of electricity from small renewable power suppliers that is mandated under a federal statute, citing the need to protect consumers from rate hikes and overpayments resulting from rapidly changing market conditions. Under the statute, the Public Utility Regulatory Policies Act of 1978, or PURPA, independent generators that meet certain criteria based on size and technology are entitled to sell their output to regulated utilities at the avoided cost, or the cost the utility would spend to generate the electricity or purchase supplies from another source. Duke is raising concerns about the provision, saying that it has seen an unprecedented surge in requests from solar projects over the last three years, with interconnection requests from over 80 projects with over 6,000 megawatts of solar capacity. The utility said that the growing levels of intermittent power supplies, which are unscheduled and unconstrained, will risk undermining system reliability at times when there’s excess generation and given the state’s limited export capabilities. Duke said locking into prices for the supplies over shorter periods will allow it to better respond to energy market changes, operational challenges, or reliability issues. Duke Energy Florida is a unit of Duke Energy Corp.

September 7, 2018
Share
TweetShare on Twitter Share on FacebookShare on Facebook Share on LinkedInShare on LinkedIn

Post navigation

PreviousPrevious post:Texas Regulator Lays Out Inquiry into Role of Storage in Energy MarketNextNext post:New York Announces Rebates Up To 80 Percent of EV Charger Installation Costs

Related Research

1
U.S. EPA Repeals Biden Power Plant Emissions Rule, Proposes to End Remaining Climate Standards
September 15, 2026
Image29
Minnesota Commission Rejects Gas Plant Addition in Minnesota Power’s Resource Plan
September 15, 2026
RGGI
RGGI Carbon Auction Clears at Record High, Generates $1 Billion
September 14, 2026
EnerKnol Research PU Visual Primer Nuclear Power 2026 06 30 Blog preview
U.S. Nuclear Power Development Gathers Pace as Federal Policy Evolves
September 14, 2026
EnerKnol Research PU Visual Primer Nuclear Power 2026 09 15 Blog preview
Visual Primer: U.S. Nuclear Power Development Gathers Pace as Federal Policy Evolves
September 14, 2026
heat pump systems 3
Michigan Regulator Approves DTE Gas Rate Increase, Below Utility’s Request
September 11, 2026
51
PJM Proposes New Data Center Grid Reliability Rules After Virginia Grid Disruption
September 11, 2026
Week Ahead: Western Regional Electricity Market, Offshore Mineral Leasing, PacifiCorp’s Wildfire Mitigation Plan
September 10, 2026
  • Renewables
    • Biofuels
    • Electric Vehicles
    • Hydropower
    • Nuclear Power
    • Solar Power
    • Wind Power
  • Environmental Markets
    • Carbon Markets
    • Emissions
  • Fossil Fuels
    • Coal Power
    • Natural Gas
    • Oil
  • Power & Utilities
    • Energy Efficiency
    • Energy Storage
    • Retail Power & Gas
    • Smart Grid
    • Wholesale Markets

Subscribe To Our Research Newsletter!


First Name *
Last Name *
Email Address *
Phone *
Company *
Job Title *
Select any sectors you're interested in

Submit Form
EnerKnol

The most comprehensive platform for energy and environmental regulatory intelligence, powered by cutting-edge AI and machine learning technology.

sales@enerknol.com
212-537-4797
175 Greenwich St, FL-38, New York, NY 10007

Product

  • Platform Overview
  • EKAI Assistant
  • Coverage Areas

Resources

  • Case Studies
  • API Documentation

Company

  • About Us
  • Careers
  • New York Energy Week

Legal

  • Terms of Service
© 2026 EnerKnol. All rights reserved.
Book a Demo