Nuclear Power in Florida Could More than Double Through $32 Billion of New Projects

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Researched by Industrial Info Resources (Sugar Land, Texas)--Florida currently has three nuclear power plants that can produce a total of up to 3,902-megawatts (MW). Two of the nuclear power stations have two units each: the 1,678-MW Saint Lucie Nuclear Power Station (Jensen Beach, Florida) and the 1,386-MW Turkey Point Nuclear Station (Homestead, Florida). Both plants are owned by Florida Power & Light Company, a subsidiary of the FPL Group Incorporated (NYSE:FPL) (Juno Beach, Florida). The single-unit 838-MW Crystal River Nuclear Station (Crystal River, Florida) is owned by Progress Energy Florida Incorporated (St. Petersburg, Florida), a subsidiary of Progress Energy Incorporated (NYSE:PGN) (Raleigh, North Carolina).

Florida Power & Light is looking at installing two additional 1,520-MW units at the existing Turkey Point Nuclear Station, increasing nuclear generation to 4,426-MW at the site and costing approximately $18 billion. The units being looked at for Turkey Point are the GEH (General Electric/Hitachi) Economic Simplified Boiling Water Reactor. Progress Energy Florida is also looking at approximately $14 billion to install two 1,150-MW additional units at a grassroot site in Levy County near Inglis, Florida. Progress Energy is considering the 1,150-MW Westinghouse AP-1000 advanced pressurized water reactor.

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