Question · Q3 2025
Charles Sieving asked for qualitative insights into the condition of the Duane Arnold plant and the scope of work required for its restart, without specific cost figures. He also questioned if the next wave of Energy Resources' deals would focus on CCGTs, given the partnership with GE and current demand trends.
Answer
John Ketchum, Chairman, President, and CEO of NextEra Energy Inc., emphasized the advantage of having the same team for recommissioning as decommissioning, ensuring certainty around the scope. He described the plant as being in 'really good shape.' Mr. Ketchum confirmed that new gas-fired technology, including CCGTs, is a significant growth area for NextEra Energy Resources, leveraging their development platform, GE Vernova partnership, and existing 20 GW pipeline. He highlighted the unique advantage of combining ready-to-go solar and storage with later-coming gas for data center buildouts.