Great news coming out of Florida as FPL announces plans to install 10+ GW of solar by 2030 - or almost 1GW per year. As a reference point - the whole state of FL had 1.2GW of utility-scale solar as of Oct 2018.
FPL has secured solar sites throughout the state, which will enable the company to continue to cost effectively build solar energy centers across Florida. This bold plan will capture economies of scale and promote the construction of efficient and cost-effective solar generation. The end result will be the largest installation of solar panels by a regulated utility in the world and a 67 percent fleet-wide reduction in carbon dioxide (CO2) emissions rate by 2030 as compared to the national average.
Florida has been replacing its coal generation at a rapid pace with new NGCC plants and in the process has become very dependent on NG as a fuel source for electricity. This solar will help close remaining coal and reduce NG generation.