Eric E. Silagy
Eric E. Silagy | |||
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| Nationality | American | ||
| Citizenship | United States of America | ||
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| Occupation | Businessman | ||
Eric E. Silagy is an American businessman who has served as President of Florida Power & Light Company (FPL) since December 2011 and as its President and Chief Executive Officer since May 2014.[1] FPL is a rate-regulated electric utility engaged in generation, transmission, distribution and sale of electric energy in Florida.[2] FPL, a subsidiary of Juno Beach, Florida-based NextEra Energy, Inc. (NYSE: NEE), is the largest energy company in the United States as measured by retail electricity produced and sold.[3]
Career Summary
Early in his career, Silagy worked for U.S. Senator J. Bennett Johnston of Louisiana in various capacities, including chief of staff. He then served as vice president and managing director, Southeast Asia, for The Wing Group, a subsidiary of Western Resources. Silagy has worked for NextEra Energy companies for nearly two decades beginning at NextEra Energy Resources, where he served as vice president and general manager of the Southern Region, and vice president of business development. For FPL, he served as chief development officer and then as senior vice president of regulatory and state governmental affairs before being named president of the utility. Silagy holds a Bachelor of Arts degree in economics from the University of Texas at Austin, a Juris Doctor from the Georgetown University Law Center, and is a member of the Maryland and U.S. Supreme Court bars.[1]
Business and Civic Affiliations
Silagy is a member of the board of directors of the Florida Chamber of Commerce, where he served as Chairman in 2013-2014, and a former board member of the U.S. Chamber of Commerce. He is vice chair of the Florida Council of 100, an executive board member of Enterprise Florida and a board member of the Honda Classic PGA Tour event. In addition, Silagy is serving a seven-year term as a member of the Board of Governors for the State University System of Florida.[1] On Nov. 4, 2021, the State University System announced Silagy’s election as vice chair of the Board of Governors for a term beginning Jan. 1, 2022.[4]
Business Focus
During Silagy’s tenure as President and CEO of FPL, he has led investments in infrastructure he says are designed to support Florida’s rapid population growth while at the same time addressing the impacts of climate change, stating that Florida is “on the front lines of climate change.”[5]
During his tenure, FPL has invested $4 billion in hardening its grid against the impacts of climate change, hurricanes and tropical storms.[6] This has included undergrounding power lines and installing smart grid technology that enables FPL to better predict power outages and restore service.[7] The company has also begun the use of new technology to speed restoration of service after storms, including drones and robots.[8]
Silagy says that by 2030 FPL will produce 40 percent of its power from zero emissions and will continue to aspire to a zero-emissions generation fleet.[6]
In support of this goal, in June 2021, FPL imploded its last remaining coal-fired power plant and will construct a 75-megawatt solar power facility with 300,000 solar panels on 500 acres at the Indiantown, Fla., site.[9]
Also during Silagy’s tenure, FPL began its ’30-by-30’ plan under which it is installing 30 million solar panels by 2030.[10] FPL says the project represents the largest solar buildout in the U.S.[11]
As part of its focus on clean energy, Silagy directed the implementation of a program called FPL SolarTogether™ which allowed customers who could not install their own solar panels to buy power generated by solar power generation facilities.[11]
Also under his direction, the company is constructing what is says it the world’s biggest solar-powered battery storage facility called the Manatee Energy Storage Center.
During Silagy’s tenure, the Florida Public Service Commission on Oct. 26, 2021, unanimously approved a rate settlement for FPL that the company said will support the acceleration of its clean energy investments while keeping the typical FPL residential customer bill well below the national average through 2025.[5]
References
- ↑ 1.0 1.1 1.2 "NextEra Energy, Inc. | Leadership". www.nexteraenergy.com.
- ↑ https://https://www.reuters.com/companies/NEE
- ↑ "FPL | Company Profile". www.fpl.com.
- ↑ "Board of Governors' elects Brian Lamb as chair and Eric Silagy as vice chair". State University System of Florida. 4 November 2021.
- ↑ 5.0 5.1 "PSC unanimously approves FPL's 4-year rate settlement agreement". 26 October 2021.
- ↑ 6.0 6.1 says, Jeff Dorian (5 July 2021). "Eric Silagy: FPL is trying to meet the challenges of a changing climate and the needs of a growing population".
- ↑ "Eric Silagy: FPL is working to deliver a cleaner, more affordable future". 30 September 2020.
- ↑ Orr, Brandon (31 May 2021). "FPL will use drones, robots to get your power back faster in a hurricane". WPLG.
- ↑ Ruiz, Lina. "FPL blows up its last coal-fired power plant; announces plans for its newest solar center". Treasure Coast.
- ↑ "PV - FPL's '30-by-30' Plan Hits Over 12 Million Solar Panels in Florida". Renewable Energy Magazine, at the heart of clean energy journalism.
- ↑ 11.0 11.1 Proctor, Darrell (1 September 2021). "Sun Shines on FPL's Solar Program".
External links
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