Latest news with #FloridaPower&LightCompany
Yahoo
30-05-2025
- Business
- Yahoo
Why NextEra Energy (NEE) Fell This Week
The share price of NextEra Energy, Inc. (NYSE:NEE) fell by 8.56% between May 20 and May 27, 2025, putting it among the Energy Stocks that Lost the Most This Week. Let's shed some light on the development. A wind turbine, its blades spinning to generate clean renewable energy. NextEra Energy, Inc. (NYSE:NEE) is the world's largest generator of renewable energy from the wind and sun and a global leader in battery storage. President Trump's sweeping tax and spending bill, intended to end Biden-era tax credits for clean energy projects years sooner than planned, poses a threat to NextEra Energy, Inc. (NYSE:NEE)'s operations as it is also the Florida Power & Light Company – America's largest electric utility which benefits greatly from Florida's famous sunshine and growing population. However, on the plus side, NEE has positioned itself well during the ongoing global trade war by shifting its tariff exposure to suppliers and contracting with domestic battery manufacturers. While we acknowledge the potential of NEE to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NEE and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 10 Cheap Energy Stocks to Buy Now and 10 Most Undervalued Energy Stocks to Buy According to Hedge Funds Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
29-05-2025
- Business
- Yahoo
Why NextEra Energy (NEE) Fell This Week
The share price of NextEra Energy, Inc. (NYSE:NEE) fell by 8.56% between May 20 and May 27, 2025, putting it among the Energy Stocks that Lost the Most This Week. Let's shed some light on the development. A wind turbine, its blades spinning to generate clean renewable energy. NextEra Energy, Inc. (NYSE:NEE) is the world's largest generator of renewable energy from the wind and sun and a global leader in battery storage. President Trump's sweeping tax and spending bill, intended to end Biden-era tax credits for clean energy projects years sooner than planned, poses a threat to NextEra Energy, Inc. (NYSE:NEE)'s operations as it is also the Florida Power & Light Company – America's largest electric utility which benefits greatly from Florida's famous sunshine and growing population. However, on the plus side, NEE has positioned itself well during the ongoing global trade war by shifting its tariff exposure to suppliers and contracting with domestic battery manufacturers. While we acknowledge the potential of NEE to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NEE and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 10 Cheap Energy Stocks to Buy Now and 10 Most Undervalued Energy Stocks to Buy According to Hedge Funds Disclosure: None. Sign in to access your portfolio
Yahoo
07-04-2025
- Science
- Yahoo
Local schools, districts selected for $50K FPL Classroom Makeover Grant
Two local schools and a local school district are the most recent recipients of the Florida Power & Light Company's (FPL) $50,000 STEM Classroom Makeover Grant. >>> STREAM ACTION NEWS JAX LIVE <<< [DOWNLOAD: Free Action News Jax app for alerts as news breaks] The recipients in Northeast Florida include R.J. Murray Middle School, Robert H. Jenkins Elementary School, and the Nassau County School District. To commemorate the centennial celebration of FPL, the company increased the number of recipients of the STEM Classroom Makeover Grant, going from 5 recipients to 20 recipients across the statewide. The program now devotes over $1 million to benefit local students. Click HERE to learn more about scholarships and grants offered by FPL. [SIGN UP: Action News Jax Daily Headlines Newsletter] Click here to download the free Action News Jax news and weather apps, click here to download the Action News Jax Now app for your smart TV and click here to stream Action News Jax live.
Yahoo
26-03-2025
- Science
- Yahoo
Beloved manatees had their day - but their homes remain in danger
National Manatee Appreciation Day was marked on Wednesday, celebrating the gentle giants that congregate off the Florida coast. The herbivores glide through coastal and riverine areas, feeding on seagrasses and other aquatic plants. While the Florida manatee, a subspecies of the West Indian manatee, can be found as far west as Texas and travel as far north as Massachusetts during the summer months, the marine mammals cannot tolerate temperatures below 68 degrees for extended periods of time. Threats from climate change and other human causes have resulted in deadly consequences for the squishy-looking species. 'They're kind of the first animals to start to respond to any changes in the environment. And because they're so charismatic, people really take note of that,' Florida Power & Light Company's Manatee Lagoon education manager Rachel Shanker previously told The Associated Press. Earlier in the year, chillier temperatures sent manatees close to warm-water discharges from power plants. Weighing as much as 3,500 pounds and growing to between nine and 10 feet long, the greyish brown potato-shaped sea creatures can suffer from 'cold stress' and potentially die from the condition. Exposure to lower water temperatures causes manatees to lose body heat and to inadequately digest their food. 'Unfortunately, when temperatures drop rapidly or remain low for significant periods of time,' Michelle Passawicz, the administrator of FWC's manatee management program, told WUSF. She explained that 'some manatees might experience adverse impacts because they're not able to find those sources of warm water.' While boating collisions are the top man-made threat to manatees, and are responsible for about half of manatee deaths, they are also affected by pollution and the impact of harmful algae blooms that result in a loss of seagrass and can also be potentially fatal. While these blooms are increasingly due to rising temperatures in ocean waters, they are also caused by nutrient pollution from improperly treated sewage and fertilizers. In 2021, there was a significant die-off of hundreds of manatees after they starved to death due to a lack of seagrass. They can normally live for between 50 and 60 years. Storms are also an issue for the threatened friends, and nonprofit Save the Manatees notes that as climate change increases the severity of hurricanes and other storms, manatees may be affected by ecosystem changes. More rainfall may also result in more algae blooms. State waters are home to more than 8,000 manatees. While deaths have dropped, records show a spike in dead calves over the past year. In recent years, environmental groups have pushed to get manatees back on the endangered species list. The U.S. Fish and Wildlife Service said that they would remain classified as threatened. 'We always look into the future, and there are significant threats to manatees statewide,' FWC manatee veterinarian Martine de Wit told The Associated Press. 'It's looking better now, but you cannot sit back and watch it unfold, because we know it needs management and conservation efforts to protect them.'
The Independent
26-03-2025
- Science
- The Independent
Beloved manatees had their day - but their homes remain in danger
National Manatee Appreciation Day was marked on Wednesday, celebrating the gentle giants that congregate off the Florida coast. The herbivores glide through coastal and riverine areas, feeding on seagrasses and other aquatic plants. While the Florida manatee, a subspecies of the West Indian manatee, can be found as far west as Texas and travel as far north as Massachusetts during the summer months, the marine mammals cannot tolerate temperatures below 68 degrees for extended periods of time. Threats from climate change and other human causes have resulted in deadly consequences for the squishy-looking species. 'They're kind of the first animals to start to respond to any changes in the environment. And because they're so charismatic, people really take note of that,' Florida Power & Light Company's Manatee Lagoon education manager Rachel Shanker previously told The Associated Press. Earlier in the year, chillier temperatures sent manatees close to warm-water discharges from power plants. Weighing as much as 3,500 pounds and growing to between nine and 10 feet long, the greyish brown potato-shaped sea creatures can suffer from 'cold stress' and potentially die from the condition. Exposure to lower water temperatures causes manatees to lose body heat and to inadequately digest their food. 'Unfortunately, when temperatures drop rapidly or remain low for significant periods of time,' Michelle Passawicz, the administrator of FWC's manatee management program, told WUSF. She explained that 'some manatees might experience adverse impacts because they're not able to find those sources of warm water.' While boating collisions are the top man-made threat to manatees, and are responsible for about half of manatee deaths, they are also affected by pollution and the impact of harmful algae blooms that result in a loss of seagrass and can also be potentially fatal. While these blooms are increasingly due to rising temperatures in ocean waters, they are also caused by nutrient pollution from improperly treated sewage and fertilizers. In 2021, there was a significant die-off of hundreds of manatees after they starved to death due to a lack of seagrass. They can normally live for between 50 and 60 years. Storms are also an issue for the threatened friends, and nonprofit Save the Manatees notes that as climate change increases the severity of hurricanes and other storms, manatees may be affected by ecosystem changes. More rainfall may also result in more algae blooms. State waters are home to more than 8,000 manatees. While deaths have dropped, records show a spike in dead calves over the past year. In recent years, environmental groups have pushed to get manatees back on the endangered species list. The U.S. Fish and Wildlife Service said that they would remain classified as threatened. 'We always look into the future, and there are significant threats to manatees statewide,' FWC manatee veterinarian Martine de Wit told The Associated Press. 'It's looking better now, but you cannot sit back and watch it unfold, because we know it needs management and conservation efforts to protect them.'
