FPL to Issue RFP on Renewable Energy
Apr 23, 2007 - Business Wire
Florida Power & Light Company (NYSE:FPL)
today announced it has issued a request for proposals
(RFP) to identify and select new renewable generation
resources that will help the company enhance its
fuel diversity and maintain system reliability while
providing cost-effective power to its customers.
"Our goal is to provide our customers
with a mix of renewable resources that further augments
and diversifies our existing generation portfolio,"
said Michael Leighton, FPL's chief development officer.
Today, FPL buys 158 megawatts of renewable
energy on a firm basis in addition to approximately
146 MW on a non-firm basis or about one-third of
the state's available renewable energy production.
"We're hoping to identify and tap
into new, affordable renewable energy sources that
can be in service by 2015, as well as open dialogue
with others about technologies and resources that
might be available beyond that timeframe," said
FPL released its RFP earlier today,
with a pre-proposal workshop planned for May. Proposals
will be due in July and a short list of vendors
will be compiled by November. More information about
the RFP can be obtained at www.FPL.com/renewables2007rfp
RFP solicits innovative proposals.
The RFP is limited to new renewable
generation facilities. FPL's RFP defines "new renewable
generating facility" as an electrical generating
unit or a group of units located on the same site
that is currently not producing energy or increased
capacity from an existing facility interconnected
to an electric utility. The company welcomes proposals
that use a variety of renewable energy sources,
including biomass (including waste-to-energy and
landfill gas), solar, geothermal, wind, ocean current,
hydroelectric, waste heat from a commercial or industrial
manufacturing process and hydrogen produced from
sources other than fossil fuel. FPL would prefer
that the renewable resources be located in Florida.
The issuance of the RFP follows and
expands upon a Standard Offer Contract for all renewable
generators, filed with the Florida Public Service
Commission earlier this month. Unlike the Standard
Offer Contract, the RFP requires that all renewable
attributes associated with the renewable generation
be provided to FPL.
Producing reliable power and protecting
FPL is committed to increasing its
energy purchases from renewable generating facilities.
In addition to the RFP and the Standard Offer Contract,
the company continues to look for opportunities
to incorporate renewable resources into its power
generating fleet as technologies make them commercially
available. The company is developing several pilot
projects using solar photovoltaic technology and
exploring technologies for potentially producing
electricity from ocean currents. Additionally, FPL
is pursuing a wind demonstration project on either
the east or the west coast of Florida.
FPL's affiliate, FPL Energy, is the
leader in wind-produced power in the nation and
owns the largest solar generating facility in the
world. Combined, the two subsidiaries of FPL Group
operate one of the cleanest electricity generating
fleets in the nation with among the lowest rates
of power plant air emissions.
FPL Group was one of the first to
join the U.S. Environmental Protection Agency's
Climate Leaders program and is committed to achieving
an 18 percent reduction in emission rates of greenhouse
gasses by 2008 compared to a 2001 baseline. Florida
Power & Light Company is the principal subsidiary
of FPL Group, Inc. (NYSE:FPL), nationally known
as a high quality, efficient and customer-driven
organization focused on energy-related products
and services. With annual revenues of nearly $16
billion and a growing presence in 26 states, FPL
Group is widely recognized as one of the country's
premier power companies.
Florida Power & Light Company serves
4.4 million customer accounts in Florida. FPL Energy,
LLC, FPL Group's competitive energy subsidiary,
is a leader in producing electricity from clean
and renewable fuels. Additional information is available
on the Internet at www.FPL.com, www.FPLGroup.com
Note to Editors: High-resolution logos
and executive head shots are available for download
at http://www.fpl.com/news/logos.shtml. SOURCE:
Florida Power & Light Company