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Commitments and Contingencies (Tables)
 9 Months Ended
Sep. 30, 2020
Commitments and Contingencies [Abstract]  
Schedule of Planned Capital Expenditures
At September 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)
$
375

 
$
860

 
$
900

 
$
680

 
$
540

 
$
3,355

Existing
460

 
1,055

 
1,140

 
1,035

 
1,020

 
4,710

Transmission and distribution(c)
860

 
4,020

 
3,665

 
3,825

 
4,290

 
16,660

Nuclear fuel
85

 
220

 
170

 
120

 
145

 
740

General and other
250

 
740

 
780

 
810

 
730

 
3,310

Total
$
2,030

 
$
6,895

 
$
6,655

 
$
6,470

 
$
6,725

 
$
28,775

Gulf Power
$
260

 
$
860

 
$
695

 
$
625

 
$
685

 
$
3,125

NEER:
 

 
 

 
 

 
 

 
 

 
 

Wind(d)
$
785

 
$
1,605

 
$
30

 
$
20

 
$
25

 
$
2,465

Solar(e)
430

 
1,520

 
565

 
375

 
—

 
2,890

Battery storage
250

 
275

 
60

 
—

 
—

 
585

Nuclear, including nuclear fuel
60

 
230

 
185

 
140

 
190

 
805

Natural gas pipelines(f)
195

 
410

 
—

 
—

 
—

 
605

Rate-regulated transmission
85

 
220

 
30

 
10

 
15

 
360

Other
180

 
160

 
70

 
70

 
75

 
555

Total
$
1,985

 
$
4,420

 
$
940

 
$
615

 
$
305

 
$
8,265

———————————————
(a)
Includes AFUDC of approximately $10 million, $60 million, $50 million, $25 million and $20 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 $10 million, $50 million, $50 million, $40 million and $55 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 4,784 MW.
(e)
Includes capital expenditures for new solar projects and related transmission totaling approximately 2,977 MW.
(f)
Construction of natural gas pipelines are subject to certain conditions, including applicable regulatory approvals and in certain cases the resolution of legal challenges.
Required capacity and/or minimum payments under contracts
The required capacity and/or minimum payments under contracts, including those discussed above, at September 30, 2020 were estimated as follows:
 
Remainder of 2020
 
2021
 
2022
 
2023
 
2024
 
Thereafter
 
(millions)
FPL(a)
$
270

 
$
1,010

 
$
965

 
$
945

 
$
940

 
$
10,250

NEER(b)(c)(d)
$
1,420

 
$
2,520

 
$
415

 
$
210

 
$
210

 
$
1,440

———————————————
(a)
Includes approximately $105 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 nine months ended September 30, 2020, the charges associated with these agreements totaled approximately $104 million and $280 million, respectively, of which $27 million and $81 million, respectively, were eliminated in consolidation at NEE. For the three and nine months ended September 30, 2019, the charges associated with these agreements totaled approximately $80 million and $236 million, respectively, of which $28 million and $81 million, respectively, were eliminated in consolidation at NEE.
(b)
Includes approximately $20 million, $70 million, $70 million, $70 million and $1,160 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 2021.
(c)
Includes approximately $85 million of commitments to invest in technology investments through 2029.
(d)
Includes approximately $205 million, $355 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.