Renewable-Energy Project Launched in Tampa Bay

June 13, 2008 Filed Under: Oil and Gas  

Florida Governor Charlie Crist and Jeff Lyash, president and chief executive officer of Progress Energy Florida, unveiled plans for Sustainable Electrical Energy Delivery Systems (SEEDS), an innovative renewable energy technology that will be evaluated at two sites in St. Petersburg. The sites will serve as research hubs for unique technology that could be used as energy storage for future “Smart... 

New drilling law spares Florida — for now

January 15, 2007 Filed Under: Mining Services  

A compromise by Florida that led to the opening of a large chunk of the Gulf of Mexico to oil and gas drilling draws keen interest from Big Oil, but criticism from other sectors. Under a new law that opens 8.3 million acres in the Gulf of Mexico to offshore drilling, four coastal states — Louisiana, Texas, Alabama and Mississippi — will get 37.5 percent of the royalties to fund coastal... 

Progress Energy taking down Higgins plant

October 8, 2006 Filed Under: Mining Services  

Progress Energy Florida’s former Oldsmar power plant, idle for the past decade, will go up in a cloud of smoke later this month. The half-century-old A.W. Higgins plant is scheduled for implosion at 8 a.m. Friday, Oct. 20. The public is welcome to watch the spectacle from Philippe Park, across Old Tampa Bay to the west of the plant, though no one will be allowed within 2,000 feet of the facility... 

Progress Energy Florida Seeks Fuel Surchage Increase

September 2, 2006 Filed Under: Mining Services, Oil and Gas  

Progress Energy, Inc. (PGN) utility Progress Energy Florida asked state regulators Friday to approve an increase in its fuel surcharge to reflect rises in fuel costs and environmental compliance costs. If the surcharge is approved, residential electric bills would rise by $161.4 million, or about 3.4% per 1,000 kilowatt-hours in 2007, the utility said. “The same pressures driving up the cost... 

Crystal River coal plant among nation’s dirtiest

July 28, 2006 Filed Under: Coal Mining, Mercury Mining, Mining Services, Mining Stocks  

For the third year in a row, Progress Energy’s coal-burning plant in Crystal River has been named among the dirtiest power plants in the nation in a report issued Thursday by the nonprofit Environmental Integrity Project in Washington, D.C. Crystal River, which has four coal units in addition to a nuclear power generator, ranked among the top 50 polluters in its total output of four substances...