The Sunshine Economy: Fueling Florida's Power
The demand for electricity is growing in South Florida, but Florida Power and Light has been tearing down power plants.
The power plants like the one in the slideshow above have been generating electricity for more than 50 years in many cases. Often, they burned oil to make power.
But thanks to lower prices, FPL has shifted a significant portion of the fuel for power generation to natural gas. About two-thirds of FPL's electricity comes from turbines burning natural gas.
Currently, the second biggest source of FPL's power is nuclear. And the company has collected and spent more than $200 million from customers studying and preparing to expand its Turkey Point nuclear facility.
Still, FPL President Eric Silagy tells us he can't promise when or if they will actually start construction.
The Sunshine Economy series is sponsored by Kaufman Rossin and Company, one of Florida's largest independent accounting firms.