FPL
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Coal
U.S. Coal Fleet Continues Contractions Despite Looming Changes in Policy
Some of the U.S. coal market’s own product wound up in its stocking this Christmas season. Despite hope from the election of Donald Trump and a potential shift toward more coal-friendly energy policies, coal plant owners across the country continued the trend toward shutdowns and reduced operations that have marked the past few years. Coal […]
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Coal
FPL to Buy and Phase Out Another Florida Coal Power Plant
Florida Light and Power (FPL) wants to buy and phase out another coal-fired power plant in Florida, a move it says will save its customers an estimated $129 million when new gas-fired infrastructure is built in the state. The NextEra subsidiary on June 20 filed a petition for the Florida Public Service Commission’s (PSC’s) approval […]
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Nuclear
Nuclear Milestones Confront Exelon, FPL, and TVA
Five nuclear projects—two old, one new, two planned—faced milestones this week as their owners confronted the realities of the U.S. nuclear market. Exelon Seeks Nuclear Support In Illinois, Exelon again warned that the long-challenged Clinton and Quad Cities plants would shut down unless the Illinois legislature passed a bill that would provide economic support for the […]
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Nuclear
Turkey Point Faces Lawsuit Over Cooling Canal Leaks
Two environmental groups on March 22 filed a notice of intent to sue Florida Power & Light (FPL) in federal court over leaks from the utility’s Turkey Point Nuclear Plant south of Miami that have raised concerns about contamination of area drinking water. The problems began several years ago, after FPL completed an uprate at Turkey […]
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Gas
Okeechobee Clean Energy Center to Give Florida Yet Another Big CCPP
Florida regulators on Jan. 5 approved the 1,600-MW Okeechobee Clean Energy Center under development by NextEra Energy subsidiary Florida Power & Light (FPL) near Vero Beach. The plant will be the fifth advanced combined cycle power plant FPL has commissioned since 2009. The three-unit Okeechobee plant will join the 1,335-MW 3,750-MW [Ed.-Corrected 1/14/16] West County […]
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Coal
FPL Gains Approval to Buy Coal-Fired Plant, Plans to Retire It
Florida Power & Light Co. (FPL) has received approval from the Florida Public Service Commission (PSC) to acquire and phase out the Cedar Bay Generating Plant, a coal-fired facility located in Jacksonville, Fla. FPL has been buying power from the 250-MW plant under a long-term contract since 1988. The deal was not set to expire […]
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Business
NextEra Energy: A Tale of Two, and Maybe Three, Companies
NextEra Energy consists of a traditional, vertically integrated electric utility with a heavy reliance on nuclear and natural gas—Florida Power & Light—and an aggressive foray into renewable energy outside of Florida—NextEra Energy Resources. Given its recent bid for Hawaii’s electric utility, which has a legacy of oil-fired generation and a state commission pushing renewables, NextEra […]
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Coal
FPL Seeks to Acquire and Phase Out Coal-Fired Power Plant
Florida Power and Light (FPL) wants to buy a 250-MW coal-fired facility in Florida to shut it down. The Juno Beach, Fla.–based company filed a petition with the Florida Public Service Commission (PSC) on Friday requesting approval to acquire the Cedar Bay Generating Plant for $520.5 million. FPL has had a long-term power purchase agreement […]
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