FPL invested approximately $1.2 billion to build the new energy center on the same site in Broward County where a 1960s-era oil-burning plant was dismantled three years ago. Construction was completed two months ahead of schedule, allowing the plant to officially enter commercial operation on April 1.
By making smart investments in high-efficiency energy centers that operate on American-produced natural gas and use less fuel to generate more energy, FPL has cut fuel costs and saved its customers more than $8 billion since 2001. The new Port Everglades energy center, running on 35 percent less fuel per megawatt-hour, is estimated to save FPL’s customers $400 million during the 30-year life of the facility.
New energy center benefits local economy, environment
FPL’s investment in the new energy center also brings with it important benefits for the local economy. At the peak of construction, more than 900 people were employed, the majority of whom were Floridians, giving an economic boost to numerous local businesses.
“Hollywood is proud to be the home of FPL’s newest state-of-the-art, high efficiency, natural gas energy center in Port Everglades. The center will benefit the City of Hollywood for years to come by providing reliable, domestically produced, clean energy,” said Hollywood Mayor Peter Bober. “Additionally, FPL’s investment will specifically assist Hollywood in the form of new tax revenue in the years ahead.”
In addition to saving on fuel costs, the energy center’s technology further improves FPL’s emissions profile – already among the cleanest in the United States. In fact, as a result of FPL’s investments in clean energy technology, the company is already positioned to meet the U.S. EPA’s Clean Power Plan targets by 2030 today. Compared to the former plant, the new energy center reduces air emissions by more than 90 percent and cuts the carbon dioxide emissions rate in half, which is the equivalent of removing 46,000 cars from the highway each year.
The new energy center is capable of producing about 1,277 megawatts of electricity or enough power for more than a quarter million residential customers.
Other investments in clean, efficient generation
The Port Everglades Next Generation Clean Energy Center is part of FPL’s ongoing effort to modernize its power generation fleet in order to continue providing clean, affordable, reliable energy for its customers. These investments, which are projected to save customers billions of dollars in fossil fuel costs, include:
- Cape Canaveral Next Generation Clean Energy Center: In April 2013, FPL commissioned the new energy center, which replaced the 1960s-era power plant on the Space Coast.
- Riviera Beach Next Generation Clean Energy Center: The company dismantled the Riviera Beach Plant in June 2011. It was replaced by FPL’s Riviera Beach Next Generation Clean Energy Center, which entered service in April 2014. Earlier this year, the company opened on the center’s property Manatee Lagoon – An FPL Eco-Discovery Center, a free environmental educational center and observation area to view manatees.