Tampa Electric releases environmental report
TAMPA, May 31, 2006
TECO Energy's principal subsidiary, Tampa Electric, today released an environmental report detailing the company’s industry-leading emissions reduction activities and its six guiding strategies for environmental responsibility.
Tampa Electric President Chuck Black said, "Tampa Electric's accomplishments prove that an electric utility can balance the competing needs of customers for affordable, reliable electric service, shareholders for a fair return and the community for a responsible approach to the environment."
An environmental pioneer
The company has long been a pioneer in environmentally responsible energy production. It was the first utility in the nation to commercialize integrated coal gasification/combined-cycle technology. The Polk Power Station, built in partnership with the United States Department of Energy, remains a showcase facility for utility representatives, educators and high-ranking energy-related government officials worldwide.
Tampa Electric was an early innovator with flue gas desulfurization or "scrubber" sulfur dioxide removal technology – in 1995, it became the first utility to scrub two generating units with one scrubber.
It was also the first utility in the nation to reach an agreement with the United States Environmental Protection Agency on EPA's coal-fired utility initiative, a joint agreement with the Florida Department of Environmental Protection. The resulting 10-year, $1.5-billion environmental improvement plan is fully underway, and ultimately will result in dramatically decreased emissions from Tampa Electric's generating fleet:
- Sulfur dioxide and nitrogen oxide will decrease by more than 89 percent from 1998 levels.
- Carbon dioxide and mercury will decrease by 20 percent and 73 percent, respectively, also from 1998 levels.
- The company will also achieve a substantial reduction in particulate matter emissions (73 percent from 1998 levels).
Further, Tampa Electric was the first utility in Florida to launch energy conservation goals, the first in the state to set up an Avian Protection Program for large birds and the only utility to build an educational center allowing visitors to view endangered manatees in their natural habitat, the company's Manatee Viewing Center in Apollo Beach, which has enjoyed more than two million visitors since its inception in 1986.
Vision and commitment
The environmental report, "Vision and Commitment" addresses Tampa Electric's accomplishments and future plans to address air, land and water issues within its service territory, its environmental compliance program, its energy conservation and renewable energy programs and its stewardship initiatives.
In the report, Tampa Electric outlines the six key strategies that guide the company's commitment to the environment:
- Reduction of emissions from major power plants using state-of-the-art technology and innovative techniques
- Ongoing monitoring of compliance with state and national regulations
- Regular projecting of the cost of future regulations to customers of Tampa Electric and shareholders of TECO Energy (including future greenhouse gas requirements)
- Maintenance of a diverse fuel mix, which includes the responsible use of coal
- Active participation in legislative and global movements addressing environmental concerns related to the utility industry
- Evaluation and development of energy conservation programs, as well as renewables and green power.
Through its vision and its actions, the company is positioned well to meet all current and proposed environmental regulations.
"Environmental commitment is central to Tampa Electric's identity," said Black. "Each of us is working hard to continue to make provisions that help ensure clean air and water, and preservation of the land that is home to our customers."
Report available online
The document is available for download on the company's Web site at www.tecoenergy.com/enviroreport
For more environmental information about Tampa Electric’s environmental program, visit online: www.tampaelectric.com/environmental
TECO Energy, Inc. (NYSE: TE), is an integrated energy-related holding company with regulated utility businesses, complemented by a family of unregulated businesses. Its principal subsidiary, Tampa Electric Company, is a regulated utility with both electric and gas divisions (Tampa Electric and Peoples Gas System). Other subsidiaries are engaged in waterborne transportation, coal and synthetic fuel production and electric generation and distribution in Guatemala.