Shar Pourreza's questions to NEXTERA ENERGY (NEE) leadership • Q4 2024
Question
Inquired about the timeline, cost, and condition of the Duane Arnold nuclear plant restart. Also questioned the 2030+ timeline for new gas generation, given urgent demand from hyperscalers.
Answer
The Duane Arnold restart is progressing with regulatory filings and customer discussions, but cost details are confidential to maintain negotiating leverage. The plant is in good condition. The 2030+ timeline for new gas power is realistic due to significant hurdles in siting, permitting, supply chain constraints, and soaring costs for turbines and construction.