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California Renewable Energy Drives Fossil Fuel Plants to Close

Renewable energy in California is driving wholesale power prices to new lows and, in turn, forcing more fossil-fueled power plants to close down due to…

California | Renewable Energy | Hydropower | Electric Power | Power

Industrial Info

Tue May 23 2017

NextEra Energy Plans $21.7 Billion Capital Budget

NextEra Energy plans to invest about $21.7 billion in its regulated electric utility business and its unregulated power business between 2016 and 2020. The…

NextEra Energy | Electric Power | Florida Power & Light | Power | Investments | Renewable Projects | Transmission Projects | Solar | Windfarm

Industrial Info

Tue Nov 08 2016

California Renewable Energy Drives Fossil Fuel Plants to Close

Renewable energy in California is driving wholesale power prices to new lows and, in turn, forcing more fossil-fueled power plants to close down due to the inability to recover variable costs. Real-time power prices between 8 a.m. and 2 p.m. this spring have averaged between $0 and -$16 per megawatt hour (MWh) and the day-ahead prices have »

NextEra Energy Plans $21.7 Billion Capital Budget

NextEra Energy plans to invest about $21.7 billion in its regulated electric utility business and its unregulated power business between 2016 and 2020. The utility unit, Florida Power & Light, plans to invest more than $16 billion in its generation, transmission and distribution businesses, while the unregulated power unit, NextEra Energy Resources, plans to invest about $5.5 billion »