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Renewable Energy

Environmental performance | Benefits | Who benefits

FPL Energy is among the leading wholesale generation companies in the U.S. We develop, build and operate electricity-generating facilities, with an emphasis on

clean fuel sources, such as

natural gas and
nuclear energy, and

renewable resources, such as

wind
solar energy and
hydroelectric power.

In fact, these fuel sources account for more than 90 percent of the power we produce. This electricity is sold to utilities, municipalities, cooperatives and regional power systems that, in turn, supply it to homes and businesses in their respective market areas.

Environmental performance

Each FPL Energy project, regardless of the type of fuel we use, strives to minimize environmental impacts.

In 2004, FPL Group scored the highest ranking in the U.S. and second globally in a World Wildlife Fund report. The report said that FPL Group scored high due to leadership in developing wind energy and a committment to dramatically improving power plant efficiency. In 2003, Innovest, an investment analysis firm, named the FPL Group No. 1 among the nation's 28 electricity generation companies for environmental performance. This is the second consecutive time that Innovest has named the FPL Group as the nation's leader in this area.

After evaluating more than 60 different parameters, Innovest said: "FPL's leading environmental program includes beyond-compliance commitments to energy efficiency, renewable energy development and natural resources protection."

Benefits

The U.S. currently relies heavily on coal, oil, and natural gas for its energy. Fossil fuels are nonrenewable, that is, they draw on finite resources that will eventually dwindle, becoming too expensive or too environmentally-damaging to retrieve. In contrast, renewable energy resources — such as wind and solar energy — are constantly replenished and will never run out.

Renewable energy is important because of the benefits it provides. The key benefits are:

Benefits	Description
Environmental	Renewable energy technologies are clean sources of energy that have a much lower environmental impact than conventional energy technologies.
Energy for the future	Renewable energy never runs out. Other sources of energy are finite and will someday be depleted.
Jobs and the economy	Most renewable energy investments are spent on materials and workmanship to build and maintain the facilities, rather than on costly energy imports. Renewable energy investments are usually spent within the U.S. frequently in the same state, and often in the same county. This means your energy dollars stay home to create jobs and to fuel local economies, rather than going overseas. Meanwhile, renewable energy technologies developed and built in the U.S. are being sold overseas, improving the U.S. trade deficit.
Energy security	After the oil supply disruptions of the early 1970s, our nation has increased its dependence on foreign oil supplies instead of decreasing it. This increased dependence impacts more than just our national energy policy. Our nation's energy security continues to be threatened by our dependency on fossil fuels. These conventional energy sources are vulnerable to political instabilities trade disputes embargoes and other disruptions.

Who benefits

Many people benefit from the use of renewable energy sources.

Beneficiaries	Description
Homeowner	By using renewable energy and energy-efficient technologies in your home and automobile, you'll help the environment and typically save more money in the long run.
Small business owner	You can reduce your utility bills and impact on the environment by using renewable energy and energy-efficient technologies. There are also small business opportunities in clean energy.
Student or teacher	You can benefit from learning about renewable energy and energy-efficient technologies, and how they can help our environment and replace fossil fuels, which are being depleted.
Electricity provider	There are many renewable energy technologies available for electricity production, as well as ways you and your customers can save money through energy efficiency.
Inventor	There are opportunities available to inventors of renewable energy or energy-efficient technologies.