FPL Commissions $1.2B Power Plant In South Florida

Florida Power & Light Co. commissioned a $1.2 billion natural gas energy plant that it completed at Port Everglades in Hollywood.

The company, a subsidiary of Juno Beach-based NextEra Energy (NYSE: NEE), started building the Port Everglades Next Generation Clean Energy Center in mid-2013 after demolishing an oil-fired power plant. It finished construction two months early and under budget, according to FPL.

“The Port Everglades Next Generation Clean Energy Center is yet another demonstration of our commitment to dramatically reducing our dependence on foreign oil, while at the same time, delivering clean, reliable and affordable energy for our customers,” said Eric Silagy, president and CEO of FPL. “This facility is the equivalent of taking a car from the 1960s and replacing it with a hybrid, which is more fuel efficient and produces less emissions.”

The new plant runs on 35 percent less fuel per megawatt-hour and should save FPL customers $400 million over the 30-year life of the facility, according to FPL. Its air emissions are 90 percent less than the previous plant and carbon dioxide emissions are about 50 percent less. It produces enough energy to power 250,000 residential customers.

“The plant is also expected to significantly boost the tax revenue of Hollywood,” said Mayor Peter Bober.

 

Source: SFBJ