August 23, 2014

CEO Sounding Board

Sounding Board: What's the future of nuclear power in Florida?

Mike Vogel | 5/29/2012

Eric Silagy
Florida POWER & LIGHT - President - Juno Beach

Eric Silagy
“We’re asking for permission to build at some point. Nuclear is a big part of how FPL generates electricity. About 20% is generated through our two facilities in Turkey Point and St. Lucie. The investments our customers made back in nuclear power in the 1970s are paying off today in the form of the lowest bills in the state. We have two very large construction projects under way right now at Turkey Point and St. Lucie. We call them up-rates. Over the life of the projects we’re talking about $4.8 billion in fuel savings.”

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Comments welcome: How do you view nuclear power in Florida? Should we build more plants? Feel free to weigh in, use the comment field below.

Tags: Trendsetters, Energy & Utilities

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