Briefing on Fort Myers

The Fort Myers power plant is a large, aging but actively operating natural gas and fuel oil facility in Florida, demonstrating recent generation growth despite exposure to natural catastrophe risks.

Overview

• Company: Florida Power & Light (as of 2026-02-28, per Marco Eagle and 2 corroborating sources).

• Location: Lee County, Florida.

• Status: Operating since 1958.

• Owner & Operator: Florida Power & Light Co.

• Grid: NERC: SERC, BA: Florida Power & Light Company.

Fleet Details

• Capacity: 2.6 GW (Wikipedia) / 2.7 GW (data provided).

• Generators: 14 units.

• Technologies: Natural Gas Fired Combined Cycle, Natural Gas Fired Combustion Turbine, and Petroleum Liquids.

• Specifics: Composed of eight GE 7000F combined cycle natural gas-fired units and two fuel oil-fired units (Wikipedia).

Operational Performance

• Capacity Factor: 38.1%.

• Annual Generation: 8971 GWh.

• Recent Generation: 838 GWh in 2025-10, 679 GWh in 2025-11, and 726 GWh in 2025-12.

• Generation Trend: Increased by 16% over the past 6 months compared to the prior 6 months.

Financial Profile & Risks

• Capital Expenditure: $965/kW (Source: eia_agg_cost).

• Constraints: Experienced high wind and severe storm events leading to outages and equipment testing.

• Risk Factors: Identified as R12_NATCAT_FM (Natural Catastrophe - Fort Myers).

The Fort Myers plant, a significant natural gas and fuel oil facility, demonstrates strong recent generation growth despite facing operational challenges from natural weather events. Its substantial capacity and consistent performance are critical for grid stability in its region.