FPL Energy, LLC, a subsidiary of FPL Group
With completion of the new generating unit, FPL Energy's Doswell facility will have the capacity to produce 879 megawatts of power -- enough electricity to supply 800,000 Virginia homes. The simple-cycle expansion will function as a peaking unit to be used during times of heaviest electricity demand. Virginia Power will purchase the output under a multi-year agreement.
"We're extremely pleased to be up and running our new peaking facility. We started this project exactly one year ago and completed it right on schedule. The expanded capacity gives us greater flexibility to meet the growing electrical power needs of our customers," said Manny Sanchez, FPL Energy's Doswell plant manager.
The unit can also be converted to a combined-cycle unit at a later time should market demand warrant a future expansion. Utilizing state-of-the-art emissions reduction technology and very low-sulfur fuels, the combustion turbine is an environmentally sound solution to providing needed electric power to the region.
In addition to meeting increasing electricity demands, the expansion also provides economic benefits to the community from additional property tax payments for the life of the power plant.
FPL Energy is a leading independent producer of clean energy, including natural gas, wind, solar and hydroelectric. It owns and operates power plants with more than 4,300 total net megawatts in 13 states across the country. The company has announced new projects that will add another 5,500 megawatts to its portfolio by the end of 2003. Projects representing more than half of the expanded capacity are already under construction.
FPL Group, with annual revenues of more than $7 billion, is one of the nation's largest providers of electricity-related services. FPL Group's principal subsidiary is Florida Power & Light Company, one of the nation's largest electric utilities, serving approximately 3.9 million customer accounts in Florida. Additional information is available on the Internet at http://www.fplenergy.com/, http://www.fplgroup.com/ and http://www.fpl.com/.
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SOURCE: FPL Energy, LLC
Contact: FPL Energy, LLC Corporate Communications Media Line,
305-552-3888