Florida Power & Light Co. plans to demolish its 1,200 MW Port Everglades plant and invest about $1 billion to build a 1,280 MW combined-cycle natural gas-fired power plant.
The Port Everglades upgrade is scheduled for completion in 2016, according to news reports. FPL plans to ask Florida regulators for permission to build the facility in December 2011. In 2012 the company expects to file its site certification application with the state Department of Environmental Protection.
The existing power plant went into service between 1960 and 1965. It is slated for demolition in 2013.
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