- Florida utility regulators yesterday rejected a request from NextEra Energy (NEE -0.4%) unit Florida Power & Light to recover costs incurred after 2016 for two new nuclear reactors at the Turkey Point power plant.
- The Florida Public Service Commission cited insufficient evidence to decide on FPL’s request to recover costs because the utility did not file a required feasibility analysis for the new reactors in 2017.
- FPL has not made a final decision to build the new reactors, whose designer and planned builder is Toshiba's bankrupt Westinghouse unit; two reactors already are operating at the Turkey Point plant south of Miami.