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EspañolFLORIDA POWER & LIGHT
(Redirected from FPL Energy)
'Florida Power & Light Company', the principal subsidiary of 'FPL Group, Inc.' (), commonly referred to by its initials, 'FPL', is a Juno Beach, Florida-based power utility which serves roughly 4.3 million customers in Florida. FPL Group holds power generation assets in more than 20 U.S. states.
FPL was founded in 1925 by merging together a number of smaller companies providing power and other services to local communities in Florida, and grew rapidly due to the rapid growth in population that state has experienced.
FPL was the first company outside of Japan to win the Deming Prize in 1989. Dr. Noriaki Kano was one the the consultants that helped FPL to reach this stature.
On 20th June 2005, FPL Group completed acquisition of Gexa Energy[1], a retail electricity provider located in Houston and active in the deregulated Texas electricity market. At the time of acquisition, Gexa Energy had grown to over $273 million in 2004 revenues and further had been serving 100,000 total meters within the state of Texas. FPL Group acquired Gexa Energy for approximately US$81 million.
On 19th December 2005, FPL Group, Inc. announced that it was purchasing Constellation Energy in a merger transaction valued at more than US$11 billion and that it would adopt "Constellation Energy" as its name for the post-merger entity. The merger was cancelled on 25 October 2006.[1]
On June 6, 2007 The state of Florida rejected FPLs proposal to build a Coal burning power plant on 5,000 acres in Moore Haven-the western edge of Lake Okeechobee-citing concerns that it would emit toxic mercury in the lake and also harm the Everglades. FPL stated that the decision could result in higher electricity rates for customers.
FPL is majority owner and operator of the Seabrook, St. Lucie and Turkey Point nuclear power plants. On 27th January 2006, FPL Energy closed the sale transaction of 70% ownership in Duane Arnold Energy Center, located in Iowa [2].
FPL Energy is the co-owner of the SEGS solar power plants, the largest array in the world.
FPL Energy is currently one of the largest owner and operator of wind turbines in the world, second after Iberdrola. FPL Energy, through its subsidiaries, currently operates 47 wind farms across 15 states in the U.S., with a gross capacity of 4,002 megawatts, which is enough capacity to provide electricity for nearly one million average U.S. homes. Its gross wind capacity for 2007 is expected to be 5,000MW (Iberdrola's expected capcity is 7,000MW) Since July 2005 FPL Energy has added approximately 880 megawatts of new wind power in the U.S. and has more than 220 megawatts under construction and expected to reach commercial operation by the end of the year.[2]
After Hurricane Wilma, FPL reported that about 3 million customers were without power in the South Florida area. About 20 days later, with the help of other power companies, FPL restored the majority of power in Dade, Broward, and Palm Beach counties. The company was criticized for the time required for restoration, as well as a rate increase requested for hurricane repair costs and increased fuel costs.
★ FPL Website
★ Gexa Energy website
★ Constellation Energy website
1. FPL, Constellation cancel planned merger
2. Horse Hollow Wind Energy Center now largest wind farm in the world
Florida Power & Light Company logo
'Florida Power & Light Company', the principal subsidiary of 'FPL Group, Inc.' (), commonly referred to by its initials, 'FPL', is a Juno Beach, Florida-based power utility which serves roughly 4.3 million customers in Florida. FPL Group holds power generation assets in more than 20 U.S. states.
| Contents |
| History |
| Nuclear plants |
| Solar power plants |
| Wind farms |
| Hurricane Wilma |
| External links |
| References |
History
FPL Group, Inc. logo
FPL was founded in 1925 by merging together a number of smaller companies providing power and other services to local communities in Florida, and grew rapidly due to the rapid growth in population that state has experienced.
FPL was the first company outside of Japan to win the Deming Prize in 1989. Dr. Noriaki Kano was one the the consultants that helped FPL to reach this stature.
On 20th June 2005, FPL Group completed acquisition of Gexa Energy[1], a retail electricity provider located in Houston and active in the deregulated Texas electricity market. At the time of acquisition, Gexa Energy had grown to over $273 million in 2004 revenues and further had been serving 100,000 total meters within the state of Texas. FPL Group acquired Gexa Energy for approximately US$81 million.
On 19th December 2005, FPL Group, Inc. announced that it was purchasing Constellation Energy in a merger transaction valued at more than US$11 billion and that it would adopt "Constellation Energy" as its name for the post-merger entity. The merger was cancelled on 25 October 2006.[1]
On June 6, 2007 The state of Florida rejected FPLs proposal to build a Coal burning power plant on 5,000 acres in Moore Haven-the western edge of Lake Okeechobee-citing concerns that it would emit toxic mercury in the lake and also harm the Everglades. FPL stated that the decision could result in higher electricity rates for customers.
Nuclear plants
FPL is majority owner and operator of the Seabrook, St. Lucie and Turkey Point nuclear power plants. On 27th January 2006, FPL Energy closed the sale transaction of 70% ownership in Duane Arnold Energy Center, located in Iowa [2].
Solar power plants
FPL Energy is the co-owner of the SEGS solar power plants, the largest array in the world.
Wind farms
FPL Energy is currently one of the largest owner and operator of wind turbines in the world, second after Iberdrola. FPL Energy, through its subsidiaries, currently operates 47 wind farms across 15 states in the U.S., with a gross capacity of 4,002 megawatts, which is enough capacity to provide electricity for nearly one million average U.S. homes. Its gross wind capacity for 2007 is expected to be 5,000MW (Iberdrola's expected capcity is 7,000MW) Since July 2005 FPL Energy has added approximately 880 megawatts of new wind power in the U.S. and has more than 220 megawatts under construction and expected to reach commercial operation by the end of the year.[2]
Hurricane Wilma
After Hurricane Wilma, FPL reported that about 3 million customers were without power in the South Florida area. About 20 days later, with the help of other power companies, FPL restored the majority of power in Dade, Broward, and Palm Beach counties. The company was criticized for the time required for restoration, as well as a rate increase requested for hurricane repair costs and increased fuel costs.
External links
★ FPL Website
★ Gexa Energy website
★ Constellation Energy website
References
1. FPL, Constellation cancel planned merger
2. Horse Hollow Wind Energy Center now largest wind farm in the world
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