NextEra Energy Resources
| Company type | Subsidiary |
|---|---|
| Industry | Electricity generation |
| Predecessor | FPL Energy (until 2009) |
| Headquarters | Juno Beach , United States |
Area served | United States, Canada, Spain |
| Products | Wind power, solar power, nuclear power, natural gas power, oil power, battery storage |
| Owner | NextEra Energy |
| Parent | NextEra Energy |
| Website | www |
NextEra Energy Resources, LLC (NEER) is a wholesale electricity provider based in Juno Beach, Florida. It operates as a subsidiary of NextEra Energy (), a company listed among the Fortune 200. Until 2009, NEER was known as FPL Energy.
Recognized as the largest global operator of wind and solar energy facilities, NEER’s asset portfolio also encompasses power plants fueled by nuclear energy, natural gas, and oil. By December 2017, the company’s aggregate capacity amounted to 19.06 gigawatts (GW), distributed across 32 U.S. states, 4 Canadian provinces, and one province in Spain. NEER is also involved in the development and operation of battery storage projects. Its network infrastructure includes roughly 205 electrical substations and approximately 1,190 circuit miles of electric power transmission lines.
Wind power
As of December 2017, NextEra Energy Resources manages wind energy facilities spanning 21 U.S. states and 4 provinces in Canada, with a concentration in Texas as well as the Western and Midwestern United States.
In April 2011, Google Energy entered into a power purchase agreement (PPA) with NextEra for 100.8 megawatts sourced from the Minco II Wind Energy Center located in Oklahoma. Later, in December 2017, NextEra acquired all wind generation and transmission assets in Oklahoma from Clean Line Energy.
During 2018, AT&T finalized two PPAs with NextEra totaling 820 megawatts of wind energy capacity, further establishing NextEra's role as a key supplier to corporate clients.
By May 2018, NEER operated a total of 113 wind projects with a combined net output of 12,863.3 MW. Prominent installations include:
- Capricorn Ridge Wind Energy Center (662.5 MW) situated in Texas
- Crystal Lake Wind Energy Center (416 MW) located in Iowa
- Horse Hollow Wind Energy Center (735.5 MW) based in Texas
- New Mexico Wind Energy Center (204 MW)
- Peetz Table Wind Energy Center (199.5 MW) positioned in Colorado
- Stateline Wind Energy Center (195.1 MW) spanning Oregon and Washington
- Vansycle Wind Energy Center (124 MW) found in Oregon
Solar power
By December 2017, NextEra Energy Resources operated solar power installations across 16 U.S. states, one Canadian province, and one province in Spain.
In December 2010, NextEra expanded its solar portfolio by acquiring four projects totaling 40 MW in Ontario from First Solar.
In February 2018, NextEra initiated a $127 million legal action against the U.S. Department of the Treasury regarding withheld payments connected to the Silver State South Solar Energy Center in Nevada, which was completed in 2016.
May 2018 marked the launch of Arkansas' largest utility-scale solar project—the Stuttgart Solar Energy Center (81.0 MW)—developed in partnership with Entergy Arkansas. Additionally, the Pinal Central Solar Energy Center (20 MW) commenced operations in Arizona alongside a lithium-ion battery storage system rated at 10 MW, constructed with Salt River Project.
As of May 2018, NEER managed 32 utility-scale solar projects along with multiple smaller private solar installations summing to 2,153.7 MW of capacity. Significant solar developments include:
- Desert Sunlight Solar Farm (179.1 MW) located in California
- Genesis Solar Energy Project (162.8 MW) also in California
- Solar Energy Generating Systems (SEGS) (67.5 MW) at Kramer Junction, California
Nuclear power
As of May 2018, NextEra Energy Resources (NEER) operates three nuclear facilities with a total net generation capacity of 2,723.3 megawatts (MW). Additionally, two other nuclear plants under the Florida Power & Light brand are part of NextEra Energy’s portfolio. NEER oversees all aspects of nuclear unit operations and decommissioning processes, employing both on-site spent fuel pools and dry cask storage solutions for managing used nuclear fuel. The currently active nuclear plants include:
- Duane Arnold Energy Center located in Palo, Iowa (430.5 MW)
- Point Beach Nuclear Plant situated in Two Rivers, Wisconsin (1,189.8 MW)
- Seabrook Station Nuclear Power Plant based in Seabrook, New Hampshire (1,103.0 MW)
Natural gas
In November 2016, NextEra Energy Resources divested two natural gas facilities in Marcus Hook, Pennsylvania, along with other assets, to Starwood Energy Group for roughly $765 million. This transaction encompassed the Marcus Hook Energy Center combined-cycle plant with a capacity of 790 MW and the Marcus Hook 50 Energy Center simple-cycle plant rated at 50 MW.
By May 2018, NEER was operating four natural gas power stations across the U.S. Northeast region, collectively providing a net capacity of 420 MW:
- Bayswater Energy Center in Far Rockaway, New York (55 MW)
- Bellingham Energy Center located in Bellingham, Massachusetts (152.5 MW)
- Jamaica Bay Station also in Far Rockaway, New York (55 MW)
- Sayreville Energy Center positioned in Sayreville, New Jersey (157.5 MW)
See also
- Florida Power & Light
- Gulf Power Company
- List of onshore wind farms
- Wind power in the United States
- NextEra Energy Resources 250 (NASCAR event sponsored by NextEra)