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Commitments and Contingencies (Tables)
 6 Months Ended
Jun. 30, 2020
Commitments and Contingencies [Abstract]  
Schedule of Planned Capital Expenditures
At June 30, 2020, estimated capital expenditures for the remainder of 2020 through 2024 for which applicable internal approvals (and also, if required, regulatory approvals such as FPSC approvals for FPL and Gulf Power) have been received were as follows:
 
Remainder of 2020
 
2021
 
2022
 
2023
 
2024
 
Total
 
(millions)
FPL:
 
 
 
 
 
 
 
 
 
 
 
Generation:(a)
 
 
 
 
 
 
 
 
 
 
 
New(b)
$
660

 
$
760

 
$
555

 
$
485

 
$
835

 
$
3,295

Existing
535

 
1,145

 
1,080

 
1,090

 
835

 
4,685

Transmission and distribution(c)
1,590

 
4,050

 
3,840

 
4,180

 
4,120

 
17,780

Nuclear fuel
90

 
220

 
170

 
120

 
145

 
745

General and other
435

 
650

 
690

 
760

 
670

 
3,205

Total
$
3,310

 
$
6,825

 
$
6,335

 
$
6,635

 
$
6,605

 
$
29,710

Gulf Power
$
625

 
$
840

 
$
645

 
$
650

 
$
680

 
$
3,440

NEER:
 

 
 

 
 

 
 

 
 

 
 

Wind(d)
$
1,700

 
$
580

 
$
35

 
$
15

 
$
15

 
$
2,345

Solar(e)
735

 
1,065

 
135

 
130

 
—

 
2,065

Battery storage
310

 
310

 
70

 
—

 
—

 
690

Nuclear, including nuclear fuel
90

 
225

 
175

 
125

 
185

 
800

Natural gas pipelines(f)
450

 
390

 
—

 
—

 
—

 
840

Rate-regulated transmission
150

 
175

 
30

 
10

 
15

 
380

Other
375

 
70

 
60

 
55

 
65

 
625

Total
$
3,810

 
$
2,815

 
$
505

 
$
335

 
$
280

 
$
7,745

———————————————
(a)
Includes AFUDC of approximately $20 million, $70 million, $40 million, $20 million and $30 million for the remainder of 2020 through 2024, respectively.
(b)
Includes land, generation structures, transmission interconnection and integration and licensing.
(c)
Includes AFUDC of approximately $20 million, $55 million, $50 million, $45 million and $35 million for the remainder of 2020 through 2024, respectively.
(d)
Consists of capital expenditures for new wind projects, repowering of existing wind projects and related transmission totaling approximately 4,294 MW.
(e)
Includes capital expenditures for new solar projects and related transmission totaling approximately 2,231 MW.
(f)
Construction of two natural gas pipelines are subject to certain conditions, including applicable regulatory approvals. In addition, completion of another natural gas pipeline is subject to final permitting.
Required capacity and/or minimum payments under contracts
The required capacity and/or minimum payments under contracts, including those discussed above, at June 30, 2020 were estimated as follows:
 
Remainder of 2020
 
2021
 
2022
 
2023
 
2024
 
Thereafter
 
(millions)
FPL(a)
$
535

 
$
1,010

 
$
990

 
$
975

 
$
965

 
$
11,345

NEER(b)(c)(d)
$
2,380

 
$
1,715

 
$
375

 
$
195

 
$
190

 
$
1,420

———————————————
(a)
Includes approximately $210 million, $415 million, $415 million, $410 million, $410 million and $6,765 million for the remainder of 2020 through 2024 and thereafter, respectively, of firm commitments related to the natural gas transportation agreements with Sabal Trail and Florida Southeast Connection. The charges associated with these agreements are recoverable through the fuel clause. For the three and six months ended June 30, 2020, the charges associated with these agreements totaled approximately $97 million and $176 million, respectively, of which $27 million and $54 million, respectively, were eliminated in consolidation at NEE. For the three and six months ended June 30, 2019, the charges associated with these agreements totaled approximately $77 million and $156 million, respectively, of which $26 million and $53 million, respectively, were eliminated in consolidation at NEE.
(b)
Includes approximately $50 million, $70 million, $70 million, $70 million and $1,130 million for 2021 through 2024 and thereafter, respectively, of firm commitments related to a natural gas transportation agreement with a joint venture, in which NEER has a 31% equity investment, that is constructing a natural gas pipeline. These firm commitments are subject to the completion of construction of the pipeline, which is expected in early 2021.
(c)
Includes approximately $95 million of commitments to invest in technology investments through 2029.
(d)
Includes approximately $420 million, $20 million, $20 million, $20 million, $10 million and $15 million for the remainder of 2020 through 2024 and thereafter, respectively, of joint obligations of NEECH and NEER.