News
LCG, June 26, 2025--Invenergy today announced that they and Meta Platforms, Inc. have signed four new clean energy agreements that total an additional 791 MW of procured solar and wind capacity to support Meta's near-term operations, data center growth, and clean energy goals.
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LCG, June 23, 2025--The Governor of New York today directed the New York Power Authority (NYPA) to develop and construct an advanced nuclear power plant in upstate New York to deliver zero-emission power that supports a reliable and affordable electric grid. NYPA will lead the effort to develop at least one new nuclear energy facility with a combined capacity of at least one gigawatt (GW) of electricity, either alone or in partnership with private entities. The directive builds on the Governor’s 2025 State of the State to develop nuclear energy plans in New York.
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Industry News
FPL Announces Plans to Construct Combined-Cycle Facility in Florida
LCG, July 7, 2015-Florida Power & Light Company (FPL) last week announced plans to construct the 1,600-MW Okeechobee Clean Energy Center in Florida. The natural gas-fired, combined-cycle power plant is estimated to cost $1.2 billion and is planned to commence service by mid-2019.
"Not only would this new plant help us meet the needs of Florida's growing population and economy, it would also be one of the lowest-cost, cleanest and most efficient of its kind in the world," stated the president and CEO of FPL.
In March 2015 FPL filed with the Florida Public Service Commission (FPSC) its ten-year plan that forecast a significant need for additional firm power generation beginning in 2019, with more to be added in future years. FPL also issued in the first quarter a Request for Proposals (RFP) to invite prospective bids from interested power providers for firm generation. However, FPL received only one partial bid that did not conform to the terms of the RFP and fell far short of meeting the required energy need. With such a response, FPL plans to proceed and construct its own facility.
The proposed Okeechobee Clean Energy Center would be built on company-owned property in northeastern Okeechobee County, where the 2,800-acre property also offers space to accommodate future large-scale solar power generation facilities.
Prior to construction, regulatory approval will be required, and the process is expected to extend for 14-16 months. Plans must undergo comprehensive reviews by the Florida Department of Environmental Protection, FPSC and a number of other county, state and federal government agencies. FPL intends to file for regulatory approval in the coming months.
The president and CEO of FPL stated, "We're building on our successful strategy of phasing out older, inefficient facilities and replacing them with advanced, high-efficiency clean-energy technology in a way that ensures we can meet the growing energy needs of Floridians while keeping their electric rates low. The strategy is working: our system is among the cleanest and most fuel-efficient in the U.S., and our typical customer bills are about 30 percent lower than the national average."
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