FPL Plans to Build Coal Generating Plant In Glades County

Florida Power & Light Company (FPL) today announced its plans to build an advanced technology coal power plant in Glades County, Florida, to meet the growing demand for electricity in the state while maintaining its industry-leading environmental...

The company has indicated that it expects to announce by the end of the year its plans to build an additional nuclear power plant in Florida. It also is pursuing the potential siting of wind turbines in the state.

A leader in energy conservation

The company remains committed to helping its customers become more energy efficient and reduce demand. According to the Department of Energy, FPL's energy conservation program is ranked first among all electric utilities in the nation. More than 1.7 million FPL customers currently participate in these programs. Over the past 20 years, these programs have enabled the company to avoid building the equivalent of 10 additional medium-sized power plants. Last month, the company announced additional energy conservation programs and enhancements to its existing programs.

Energy conservation alone, however, will not be enough to meet the future energy needs of Florida. Each year, FPL has been adding approximately 100,000 new customers and expects this trend to continue in the foreseeable future. In addition, energy consumption has increased by 30 percent per residential customer over the past 20 years.

A clean energy company

FPL and its parent company, FPL Group, operate one of the cleanest electricity generating fleets in the nation with significantly reduced power plant air emissions. Compared to 1998, FPL Group has achieved reductions in emissions rates of 64 percent for sulfur dioxide, 52 percent for nitrogen oxide and 18 percent for carbon dioxide. FPL Group was one of the first to join the U.S. Environmental Protection Agency's Climate Leaders Program, committing to achieve an 18 percent reduction in emissions rates of greenhouse gases by 2008 compared to a 2001 baseline. It remains on track to achieve that target.

FPL Glades Power Park

Following is a summary description of the new plant.

Generating Units: Two 980-megawatt generating units will be built on the 5,000-acre site in Glades County.

Transmission facilities: Transmission lines will be constructed from the power park to FPL's existing transmission system via an electrical substation to be located in Hendry County.

Generating technology: Proven advanced technology will be used to produce steam at much higher temperatures and pressures than in older conventional coal plants, dramatically increasing efficiency and greatly reducing the byproducts of coal combustion.

Environmental systems: Each unit will be equipped with the most advanced proven pollution control equipment available to meet or exceed Florida's stringent environmental regulations.

Permitting process: FPL plans to file a site certification application with the Florida Department of Environmental Protection by the end of 2006. Licensing takes approximately 12 to 18 months. As part of Florida's rigorous power plant siting approval process, FPL's proposal will be reviewed by the Florida Public Service Commission, the Florida Department of Environmental Protection, the South Florida Water Management District, and a host of local, regional and state agencies. Federal agencies such as the Environmental Protection Agency, U.S. Army Corps of Engineers, and U.S. Fish and Wildlife Service also will review the project.

Operational date: Construction of the new plant is expected to take five years. Unit 1 is scheduled to become operational in 2012 and Unit 2 in 2013.

Economic impact:

Tax Revenue -- The plant is estimated to cost $2 to $3 billion. The plant will contribute an average of more than $21 million in property taxes each year in Glades County and its associated transmission facilities will contribute several million dollars annually in Hendry County.

Jobs -- Construction of the two units will employ an average of 1,600 workers annually for five years. The plant, when in operation, will employ a permanent, full-time staff of 180, including positions in technical, managerial and administrative roles.

Indirect employment -- It is expected that more than 150 full-time jobs will be created in the communities near the plant.

Community involvement: FPL plans a thorough community outreach program and regular communications with interested parties through multiple channels, including a special web site. To stay informed about the FPL Glades Power Park, visit .