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NEWS RELEASE


12/19/2012 Contact: 850-413-6482

Florida Electric Utilities' Ten-Year Site Plans Prepare for Future Growth


TALLAHASSEE — Demand for natural gas generation in Florida continues to increase, according to the Florida Public Service Commission’s (PSC) annual Ten-Year Site Plan (TYSP) Report.  Natural gas-fired generating units largely comprise the state’s current generation load, as well as future plant additions projected over the ten-year planning horizon. 

As Florida’s population grows, generating capacity is also growing to meet customer demand.  Commission approved uprate projects for all five existing nuclear units in Florida will increase generating capacity, with most expected to come on line in the next four years.  Both Florida Power and Light Company and Tampa Electric Company received PSC approval to upgrade existing generating units that will increase capacity, save fuel, and lower emissions.

“The site plans provide us with a road map to meet Florida’s energy needs over the next ten years and ensure future reliability,” said PSC Chairman Ronald A Brisé.  “Increased use of natural gas in Florida reduces overall energy costs and lessens environmental impacts.”

Although natural gas continues to dominate in Florida, utilities have encouraged other energy resources, including renewable energy.  Municipal solid waste and biomass each represent roughly one-third of renewable generation in Florida, and additional renewable generation is planned.   

Utilities submit Ten-Year Site Plans annually to the Commission.  A PSC workshop was held in August to discuss plans for the state’s 11 largest electric utilities.  Each utility’s plan identifies system upgrades and modifications needed to maintain adequate reliability over the next ten years. 

The 2012 TYSP Report is available on the PSC website at http://www.floridapsc.com/Files/PDF/Publications/Electricgas/TYSP2012.pdf.

Florida is served by 58 electric utilities, including five investor-owned utilities (IOUs), 35 municipal utilities and 18 rural electric cooperatives.  IOUs represent 78 percent of Florida’s net energy load. 

For additional information, visit www.floridapsc.com.

Follow the PSC on Twitter, @floridapsc.



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