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From Waste to Watts: Landfill Finds New Life as a Solar Plant

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Duke Energy, in collaboration with Buncombe County, has announced the construction of a 5-megawatt (MW) solar facility on a closed landfill in Asheville, N.C. This project aligns with the county's goal to achieve 100% renewable energy by 2042. The innovative facility will repurpose 20-30 acres of unusable land and produce enough energy to power around 1,000 homes annually. The lease agreement compensates the county with renewable energy certificates (RECs) instead of cash. This initiative is a part of Duke Energy's Western Carolinas Modernization Plan, which aims to meet the region's power needs with clean energy. The project underscores creative solutions and community collaboration in advancing renewable energy goals.

Positive
  • Duke Energy's construction of a 5-MW solar plant will power about 1,000 homes annually.
  • The lease agreement with Buncombe County uses RECs, presenting innovative financing.
  • The project supports Buncombe County’s goal of 100% renewable energy by 2042.
  • This solar plant is part of Duke Energy's Western Carolinas Modernization Plan.
  • North Carolina ranks fourth in the nation for solar energy.
Negative
  • None.

Duke Energy's initiative to convert a landfill into a solar facility brings several significant financial implications for stakeholders. Firstly, leveraging an otherwise unusable piece of land can be seen as a cost-saving measure, avoiding the high costs associated with acquiring new, buildable land. This is particularly notable in the North Carolina region, where such land is both scarce and expensive. By opting for a creative lease agreement involving renewable energy certificates (RECs) rather than cash, Duke Energy addresses the higher costs associated with constructing solar facilities on uneven terrains. RECs not only serve as a financial instrument but can also be monetized or traded to offset expenses, thus providing a flexible and potentially lucrative financial strategy.

Moreover, this project aligns with Duke Energy's broader renewable energy goals, helping the company meet regulatory standards and potentially qualify for additional government incentives or subsidies. The commitment to deploy 15 MW of solar and at least 5 MW of battery storage under the Western Carolinas Modernization Plan should bolster investor confidence in Duke Energy's strategic direction. However, the financial analyst must remain cautious about the inherent risks and costs associated with maintaining and monitoring the landfill site for 25 years, including any subsurface risks taken on by the county.

Ultimately, while the upfront costs are substantial, the long-term financial benefits, including potential revenue from RECs and government incentives, position this project as a sound investment for Duke Energy.

This project bolsters Duke Energy's market position in renewable energy and solidifies North Carolina's standing as a leader in solar power nationally. By delivering on its commitments within the Western Carolinas Modernization Plan, Duke Energy demonstrates its capability to adapt to market demands for cleaner, more sustainable energy sources. This is critical as consumer and regulatory pressures intensify for energy companies to transition toward renewable energy.

The adaptive reuse of a landfill site into a solar facility showcases innovative thinking in a competitive industry. It not only highlights Duke Energy's commitment to sustainability but also enhances its brand image among environmentally conscious consumers and investors. The timing of this project aligns well with the global push towards renewable energy, potentially positioning Duke Energy as a pioneer in similar future endeavors. Such projects can serve as case studies, attracting interest and possibly resulting in partnerships or new projects, further expanding Duke Energy's market reach.

On the downside, the success of such innovative projects can attract competitors looking to emulate Duke Energy's approach, potentially increasing market competition in the long term.

The transformation of a landfill into a solar plant is a noteworthy achievement from an environmental perspective. This project not only addresses the challenge of finding suitable land for large-scale solar installations but also repurposes a site that has been closed since 1996, thus avoiding further land degradation. By not penetrating the landfill cap, Duke Energy ensures that the integrity of the landfill is maintained, preventing potential environmental hazards such as the release of methane gas or leachate into the surrounding environment. This approach demonstrates a keen understanding of environmental engineering principles and a commitment to minimizing ecological disruption.

From a broader perspective, this project contributes significantly to Buncombe County's goal of achieving 100% renewable energy by 2042. The output of the Woodfin Solar Facility, capable of powering about 1,000 homes annually, represents a tangible step towards reducing carbon emissions and reliance on fossil fuels. This aligns with global trends of transitioning to renewable energy sources to combat climate change. However, it is important to monitor the long-term environmental impacts, including any unforeseen challenges related to the adaptive reuse of landfill sites for renewable energy projects.

In summary, this project is an exemplary model of sustainable development, demonstrating how innovative solutions can address both energy needs and environmental conservation.

Duke Energy teams up with Buncombe County, N.C., to serve more customers with renewable energy

NORTHAMPTON, MA / ACCESSWIRE / July 12, 2024 / Duke Energy

By Gina DiPietro | illumination Staff Writer

In the rolling hills of Asheville, N.C., a transformation is underway. As the community announced a goal to power all of Buncombe County with 100% renewable energy by 2042, Duke Energy set out to construct another solar facility as part of the Western Carolinas Modernization Plan.

The challenge? To find enough space - 20 to 30 acres - to build a 5-megawatt (MW) solar plant in a region with smaller parcel sizes, mountainous terrain and a high cost of buildable land.

Larry Watson, a business developer at Duke Energy who originated the project, saw an opportunity to collaborate with Buncombe County, which wanted to find a way to repurpose a solid waste facility near Interstate 26 and the French Broad River.

The answer: Duke Energy's first solar plant on a municipal landfill.

"It presented some challenges," Watson said, "like constructing a solar facility without penetrating the cap, the landfill's surface. But it also offered new acreage in the North Carolina mountains where open space and flat land is hard to find."

To offset the higher cost to build Woodfin Solar Facility, Watson's team drew up an equally creative lease agreement where Buncombe County is compensated in renewable energy certificates (RECs) rather than cash.

One REC is issued when 1 MW-hour of electricity is generated and delivered to the grid from a renewable energy source. They can be bought, sold or traded to organizations or individuals who want to offset their carbon footprint and support clean energy.

It's a creative regulatory solution that moves both parties forward, said Jennifer Bennett, Duke Energy's government and community relations manager in the Asheville region.

"It just adds to the uniqueness of this project," Bennett said. "And I think it's worth highlighting that it's taken a lot of people thinking creatively and working incredibly hard to pull this off."

As owner and operator of the 5-MW facility, Duke Energy will generate enough solar energy to power about 1,000 customers annually, while furthering the county's renewable energy goals by about 20%.

"Meeting our ambitious goal requires creative thinking and collaboration," said Buncombe County Sustainability Director Jeremiah LeRoy. "This project is a terrific example of both as it will supply our community with renewable energy for decades to come."

Also tangible, said Duke Energy Project Manager Nisha Strain, was the opportunity to bring renewed purpose to a site that couldn't be used for anything else.

"Solar is land-intensive, so the adaptive reuse of this property is key," Strain said. "It required a lot of creativity in how we'd construct it on an uneven surface, but it also shows the company's effort to repurpose existing infrastructure as we transition to a zero-carbon future."

Her role included regular site visits to Woodfin, N.C., where crews constructed a system that's similar to what you'd see on a rooftop. Concrete ballast blocks, gravel and adjustable racking were brought in to level out the surface, creating a steady foundation for solar panels that suspend above the landfill so as not to penetrate its cap.

"We also needed to keep the cable trays above ground," Strain said of equipment that carries solar power to the grid to serve customers, "while creating access points for maintenance and vegetation management."

While the landfill's been closed since 1996, municipal employees need access to perform state-required monitoring activities. The county retains this responsibility under the 25-year lease agreement, with options for renewal. They also take ownership of any subsurface risks, including waste buried below the surface.

"We are encouraged to see this project come to fruition," said Dane Pederson, Buncombe County solid waste director. "It's both a productive use of the closed landfill space and an innovative solution for integrating solar panel systems while protecting the existing cap layer over the landfill, with no surface penetrations."

Woodfin Solar Facility is backed up by the 560-MW Asheville Combined Cycle Station, a cleaner-burning natural gas plant that is 75% more efficient than the coal plant it replaced (previously at the same site). The grid needs dispatchable resources like natural gas, which can generate electricity in any type of weather, to support greater integration of renewables (like solar, available only when the sun is shining) to maintain reliability for customers.

While this infrastructure is geographically in the Asheville region, energy is fed to the grid to benefit communities in both North Carolina and South Carolina.

Duke Energy believes solar, and energy storage, will play an important role in how more diverse, clean energy is delivered to Carolinas customers. North Carolina is already fourth in the nation for solar and the company is targeting to have more than 6,400 MW of new solar on the system by 2031. The company is also targeting solar procurement in the Carolinas of over 1 gigawatt annually later this decade.

Woodfin also delivers on Duke Energy's commitment to deploy 15 MW of solar and at least 5 MW of battery storage as part of the Western Carolinas Modernization Plan, which aims to meet the region's growing power needs with safe, reliable and affordable energy. And at each step of the process, public input laid the foundation for what came next.

"From letters of support," Bennett said, "to advocating for the construction of projects, the Asheville region was active in bringing this plan to life. And that kind of grassroots community advocacy still remains for Duke Energy's infrastructure investments in the region."

View original content here.

View additional multimedia and more ESG storytelling from Duke Energy on 3blmedia.com.

Contact Info:
Spokesperson: Duke Energy
Website: https://www.3blmedia.com/profiles/duke-energy
Email: info@3blmedia.com

SOURCE: Duke Energy



View the original press release on accesswire.com

FAQ

What is Duke Energy's Woodfin Solar Facility?

Duke Energy's Woodfin Solar Facility is a 5-megawatt solar plant built on a closed landfill in Asheville, N.C., part of Buncombe County's goal to achieve 100% renewable energy by 2042.

How much energy will the Woodfin Solar Facility produce?

The Woodfin Solar Facility will produce enough energy to power approximately 1,000 homes annually.

What is the significance of the lease agreement for the Woodfin Solar Facility?

The lease agreement compensates Buncombe County with renewable energy certificates (RECs) instead of cash, offering an innovative financing solution.

How does the Woodfin Solar Facility align with Duke Energy's broader goals?

The facility is part of Duke Energy's Western Carolinas Modernization Plan, which aims to meet the region's growing power needs with safe, reliable, and affordable energy.

What challenges did Duke Energy face in constructing the Woodfin Solar Facility?

Challenges included building on an uneven landfill surface without penetrating its cap layer, requiring creative construction solutions like using concrete ballast blocks and elevated racking systems.

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