US utility NextEra Energy has raised its forecast for data center and other large-load demand at its Florida subsidiary, Florida Power & Light (FPL), to 8GW by 2032, up from a previous estimate of 6GW.
– NextEra Energy
According to its latest earnings report, the company now has approximately 21GW of large-load interest in its pipeline, 12GW of which is in advanced discussions. The utility said some of the capacity could begin coming online in 2028 and expects to announce at least one large-load transaction under FPL's new tariff by the end of 2026.
“We continue to see a lot of interest in Florida and feel good about our ability to announce a large load transaction there by the end of the year,” said John Ketchum, CEO of NextEra Energy, on the company's second-quarter earnings call.
FPL's tariff was approved in November of last year and took effect on January 1, 2026. The tariff is specifically designed for large-load customers, particularly data centers, and seeks to ensure that large-load users pay for the infrastructure needed to serve them.
