The City of Hollywood is about to receive a large windfall in property taxes from the new FPL power plant now known as the FPL Port Everglades Next Generation Clean Energy Center. It has been in operation for more than a year and is powered by American-produced natural gas.
During its operational lifetime, the new, fuel-efficient plant is expected to provide FPL customers with hundreds of millions of dollars in fuel and other savings. FPL invested about $1.2 billion to build the new energy center on the same site in Broward where a 1960s-era oil-burning plant was demolished.
In addition to saving on fuel costs, the energy center’s technology further improves FPL’s emissions profile, among the cleanest in the United States. This means FPL will likely meet the U.S. EPA Clean Power Plan targets by 2030 now. Compared to the former plant, the new energy center reduces air emissions by more than 90 percent and cuts the carbon dioxide emissions rate in half, which is the equivalent of removing 46,000 cars from the highway each year. The energy center is capable of producing 1,277 megawatts of electricity or enough power for more than 250,000 residential customers.
“In addition to providing local residents with affordable clean energy, it contributes to more reliable electric service in the Hollywood area,” FPL’s Dave McDermitt said.