By Scott Blake
Despite forecasts for slow growth in electricity usage, Florida Power & Light Co. plans to invest an estimated $17 billion to $23 billion in nuclear and conventional power plants to increase electric output, save the company and ratepayers money, and reduce air pollution.
By far the single most expensive project for FPL will be the expansion of the Turkey Point nuclear plant south of Miami from two nuclear units to four.
The company estimates the cost at $12 billion to $18 billion. The two additional units would be completed in 2022 and 2023. Current renovations of the two existing units at Turkey Point are expected to be completed in the spring.
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