Siemens to Supply Three Gas Turbines for Florida Power & Light Power Plant
Florida Power & Light Company (FPL) has contracted Siemens (NYSE: SI) to supply three highly efficient and flexible H-Class gas turbines to modernize its Port Everglades Next Generation Clean Energy Center, scheduled to start commercial operation in 2016. Due to the high degree of efficiency of the latest Siemens turbine technology, FPL expects the modernized plant to generate power using approximately one-third less fuel per megawatt-hour than the existing facility. During its 30-year operational life, the new plant is expected to produce more than USD 400 million in net savings for FPL customers over and above the cost of construction.
The order follows a contract in 2010 for the supply of six H-Class gas turbines for the modernization of FPL´s Cape Canaveral and Riviera Beach Next Generation Clean Energy Centers, which will showcase the entry of the H-Class technology in the U.S. market – one of the world's most important electricity markets. The first of these previously ordered H-Class gas turbines was already started successfully on November 21, 2012 at FPL's Cape Canaveral Next Generation Clean Energy Center, which is scheduled to enter commercial operations in 2013. FPL's Riviera Beach Next Generation Clean Energy Center is scheduled to enter commercial operation in 2014.
The H-Class gas turbine made power plant history in May 2011 when it achieved world-record efficiency of 60.75 percent at a combined-cycle power plant in Irsching, Germany. Since its initial startup, this new machine has run extremely successfully for more than 18,000 operating hours. With the order for FPL's Port Everglades Next Generation Clean Energy Center, the total number of record-breaking H-Class turbines sold worldwide has now increased to 20. “Our turbine technology is the perfect fit for a reliable, clean and affordable energy supply. As the market leader for advanced gas turbines, we are proud to support FPL in contributing to clean power generation in Florida,” said Michael Suess, CEO of Siemens Energy.
The market for gas-fired power plants in the United States is expected to virtually triple from 7 gigawatts today to about 22 gigawatts in 2020. “With the right technology and with our local manufacturing capabilities, we are in the starting blocks for the anticipated growth in the United States gas market,” said Suess.
© 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.