NAVIGATION

March 29, 2017

Energy & Utilities

Successful Gulf of Mexico Lease Sale Yields $275 Million in High Bids on 913,542 Acres in Central Planning Area

Sale reflects strong market conditions, industry interest in Federal offshore oil and gas resources under new Administration Read more »
Published on 3/27/2017

FPL announces sites selected for eight new solar power plants

Florida Power & Light Company today announced the names and locations of its 2017 and 2018 universal solar projects, consisting of eight new 74.5-megawatt solar power plants that will be built over the next 12 months. Read more »
Published on 3/8/2017

FPL accelerates major solar energy development projects

FPL now plans to add eight new universal solar power plants cost-effectively by early 2018 Read more »
Published on 2/21/2017

Duke Energy Florida to build solar power plant in Suwannee County

Suwannee Solar Facility is the third in the company's long-range plan to install universal solar as part of its diverse energy mix in Florida Read more »
Published on 1/12/2017

Electrons: Recasting the solar battle

In the grand scheme of electrical power generation in Florida, solar power is still a pipsqueak, accounting for less than a percent of the power generated... Read more »
Published on 12/28/2016

Florida PSC approves FPL's four-year rate agreement

Florida PSC approves FPL's four-year rate agreement, keeping typical customer bills low through 2020 while advancing affordable clean energy and best-in-class reliability Read more »
Published on 11/30/2016

NRC, U.S. Army Corps of Engineers Issue Final Environmental Impact Statement For Proposed Turkey Point Reactors in Florida

The Nuclear Regulatory Commission staff has concluded there are no environmental impacts to preclude issuing Combined Licenses to build and operate two reactors next to the existing Turkey Point nuclear power plant, about 20 miles south of Miami. Read more »
Published on 11/4/2016

Duke Energy names Harry Sideris as new Florida president

Harry Sideris, senior vice president of environmental, health and safety for Duke Energy, has been named Duke Energy's state president in Florida, effective Jan. 1, 2017. Read more »
Published on 11/3/2016

World Fuel Services Corporation completes acquisition of ExxonMobil on-airport fueling operations in Canada and France

World Fuel Services Corporation (NYSE:INT) announced that it has completed the previously announced acquisition of the aviation fueling operations of certain ExxonMobil affiliates (“ExxonMobil”) at 34 airports in Canada and 2 airports in France. World Fuel has also become ExxonMobil's long-term wholesale distributor for general aviation fuel in Canada. Read more »
Published on 11/2/2016

Crown Castle announces agreement to acquire FPL's FiberNet as part of $1.5 billion deal

FiberNet is a fiber services provider that owns or has rights to approximately 11,500 route miles of fiber installed and under construction in Florida and Texas, inclusive of approximately 6,000 route miles of fiber in top metro markets. Read more »
Published on 11/1/2016

Babcock Ranch: A place in the sun

It's been almost a decade since developer Syd Kitson first approached Florida Power & Light about his plans to build what he envisions as the country's most sustainable community at Babcock Ranch. Read more »
Published on 10/26/2016

Gov. Rick Scott: Additional utility resources standing by to help Tallahassee

On Monday evening, Governor Scott released the following statement following his meeting with city and county leaders in Tallahassee regarding power restoration efforts in Leon County. Read more »
Published on 9/6/2016

Economic development has become a mission for utilities in Florida

Florida's five investor-owned electric utilities have become active players in economic development — from Gulf Power's site certification programs to Duke Energy's community databases to Florida Power & Light's special rates for startup companies. Read more »
Published on 8/26/2016

Understanding Amendment 4: Tax exemptions for solar devices or renewable energy source devices

Amendment 4 would authorize the Legislature to exempt the assessed value of solar or renewable energy source devices from the tangible personal property tax, and to authorize the Legislature to prohibit such devices from being considered in assessing the value of real property. Read more »
Published on 8/19/2016

NextEra Energy to acquire Energy Future Holdings' interest in Oncor Electric Delivery Company

NextEra Energy, Inc. (NYSE: NEE) today announced a definitive agreement under which a newly formed subsidiary of NextEra Energy will acquire 100 percent of the equity of reorganized Energy Future Holdings Corp. (“EFH”. Read more »
Published on 7/29/2016

Duke Energy Florida brings solar power plant online

17-acre facility in Osceola County providing customers with nearly 4 megawatts of carbon-free energy Read more »
Published on 7/26/2016

PSC reports increased use in consumer renewable energy systems

Consumer confidence in generating and using renewables continued to increase, according to electric utility reports filed with the Florida Public Service Commission (PSC). In 2015, customer-owned renewable energy totaled 11,626 interconnections, up from 8,571 in 2014, an increase of 36 percent. Statewide, electric generation capacity from renewable energy systems reached 107,545 kilowatts (kW), an approximate 35 percent increase over the prior year. Read more »
Published on 7/6/2016

PSC approves changes to IOU Risk Management Plans

To better safeguard customers, the Florida Public Service Commission (PSC) approved modifications to the risk management plans–or hedging practices–for Florida Power & Light Company, Gulf Power Company, and Tampa Electric Company (IOUs). Read more »
Published on 6/10/2016

Duke Energy Launches New Solar Facility at Walt Disney World Resort

Disney-inspired design shines a light on renewable energy efforts Read more »
Published on 4/13/2016

Spotlight on Florida's telecom industry

This month's Economic Backbone feature looks at Florida's telecommunications sector, including … Smart City; mergers; EnableSoft; tax changes; the decline of land lines; Level 3 Communications; AT&T. Read more »
Published on 1/27/2016

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