FP&L Nears New Build Announcement

From the South Florida Sun-Sentinel:

Florida Power & Light Co. plans to announce the site for a proposed nuclear power plant in the state during the first quarter of the year, moving it a step ahead in the process that could result in Florida's first new nuclear plant in more than two decades.

Juno Beach-based FPL, which operates two nuclear complexes at Turkey Point and St. Lucie, has not committed to building a new nuclear generating facility. But choosing a site represents an early step in the long and complicated process of deciding on the economic merits of building a new plant, which could cost $5 billion to $6 billion, developing the project and obtaining licensing and other approvals from federal, state and local authorities.

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