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Commitments and Contingencies (Tables)
6 Months Ended
Jun. 30, 2018
Commitments and Contingencies [Abstract]  
Schedule of Planned Capital Expenditures
At June 30, 2018, estimated capital expenditures for the remainder of 2018 through 2022 for which applicable internal approvals (and also, if required, regulatory approvals such as FPSC approvals for FPL) have been received were as follows:
 
Remainder of 2018
 
2019
 
2020
 
2021
 
2022
 
Total
 
(millions)
FPL:
 
 
 
 
 
 
 
 
 
 
 
Generation:(a)
 
 
 
 
 
 
 
 
 
 
 
New(b)(c)
$
290

 
$
455

 
$
1,300

 
$
1,130

 
$
1,115

 
$
4,290

Existing
630

 
970

 
475

 
570

 
490

 
3,135

Transmission and distribution
1,305

 
2,125

 
2,265

 
2,545

 
2,570

 
10,810

Nuclear fuel
55

 
150

 
135

 
145

 
165

 
650

General and other
295

 
325

 
290

 
300

 
280

 
1,490

Total
$
2,575

 
$
4,025

 
$
4,465

 
$
4,690

 
$
4,620

 
$
20,375

NEER:
 

 
 

 
 

 
 

 
 

 
 

Wind(d)
$
1,500

 
$
1,850

 
$
685

 
$
30

 
$
25

 
$
4,090

Solar(e)
255

 
125

 

 

 

 
380

Nuclear, including nuclear fuel
130

 
240

 
205

 
190

 
230

 
995

Natural gas pipelines(f)
780

 
155

 
20

 
10

 
20

 
985

Other
255

 
55

 
50

 
35

 
30

 
425

Total
$
2,920

 
$
2,425

 
$
960

 
$
265

 
$
305

 
$
6,875

Corporate and Other
$
40

 
$
20

 
$
30

 
$
15

 
$

 
$
105

———————————————
(a)
Includes AFUDC of approximately $56 million, $50 million, $47 million, $35 million and $37 million for the remainder of 2018 through 2022, respectively.
(b)
Includes land, generation structures, transmission interconnection and integration and licensing.
(c)
Excludes capital expenditures of approximately $800 million for the modernization of two generating units at FPL's Lauderdale facility to a high-efficiency natural gas-fired unit (Dania Beach Clean Energy Center), which is pending approval by the Florida Power Plant Siting Board, comprised of the Florida governor and cabinet.
(d)
Consists of capital expenditures for new wind projects, repowering of existing wind projects and related transmission totaling approximately 5,085 MW.
(e)
Includes capital expenditures for new solar projects and related transmission totaling approximately 305 MW.
(f)
Includes equity contributions associated with joint venture equity investments for the construction of natural gas pipelines.

Required capacity and/or minimum payments under contracts
The required capacity and/or minimum payments under contracts, including those discussed above, at June 30, 2018 were estimated as follows:
 
Remainder of 2018
 
2019
 
2020
 
2021
 
2022
 
Thereafter
 
(millions)
FPL:
 
 
 
 
 
 
 
 
 
 
 
Capacity charges(a)
$
10

 
$
20

 
$
20

 
$
20

 
$
20

 
$
225

Minimum charges, at projected prices:(b)
 

 
 

 
 

 
 

 
 

 
 

Natural gas, including transportation and storage(c)
$
1,075

 
$
1,270

 
$
1,010

 
$
905

 
$
895

 
$
11,240

Coal, including transportation
$
20

 
$
5

 
$

 
$

 
$

 
$

NEER(d)
$
2,175

 
$
830

 
$
185

 
$
160

 
$
175

 
$
1,335

Corporate and Other(e)(f)
$
275

 
$
15

 
$
10

 
$
10

 
$
5

 
$

———————————————
(a)
Capacity charges, substantially all of which are recoverable through the capacity clause, totaled approximately $2 million and $20 million for the three months ended June 30, 2018 and 2017, respectively, and approximately $7 million and $40 million for the six months ended June 30, 2018 and 2017, respectively. Energy charges, which are recoverable through the fuel clause, totaled approximately $8 million and $27 million for the three months ended June 30, 2018 and 2017, respectively, and approximately $15 million and $43 million for the six months ended June 30, 2018 and 2017, respectively.
(b)
Recoverable through the fuel clause.
(c)
Includes approximately $150 million, $290 million, $360 million, $390 million, $390 million and $7,175 million for the remainder of 2018 through 2022 and thereafter, respectively, of firm commitments related to the natural gas transportation agreements with Sabal Trail and Florida Southeast Connection.
(d)
Includes approximately $65 million, $65 million, $65 million, $65 million and $1,035 million in 2019 through 2022 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 the first quarter of 2019.
(e)
Includes an approximately $65 million commitment to invest in clean power and technology businesses through 2021.
(f)
Excludes approximately $210 million for the remainder of 2018 of joint obligations of NEECH and NEER which are included in the NEER amounts above.