In re: Petition for determination of need for Glades Power Park Units 1 and 2

Economics
Energy Coal and gas power plants

In re: Petition for determination of need for Glades Power Park Units 1 and 2 electrical power plants in Glades County, by Florida Power & Light Company, Docket No. 070098-EI Order No. PSC-07-0557-FOF-EI (2 July 2007)

 

Florida Power and Light (FP&L), an investor-owned utility company, proposed constructing two coal-fired generation plants totaling 1,960 MW near the Florida everglades. Florida’s Public Service Commission (PSC) refused to license the proposed facilities because FP&L could not prove that constructing the facilities would be less expensive than investing in conservation, efficiency, and renewable energy resources.  The PSC found that FP&L “failed to demonstrate that the proposed plants are the most cost-effective alternative available, taking into account the fixed costs that would be added to base rates for the construction of the plants, the uncertainty associated with future natural gas and coal prices, and the uncertainty associated with currently emerging energy policy decisions at the state and federal level.”  Order No. PSC-07-0557, p. 4.