In the newest announcement, Orlando Utilities Commission and Southern Co. of Atlanta plan to jointly build a $250 million, 632 megawatts natural gas-fired electric plant in southeast Orange County by yearend 2003. Charlotte-based Duke Energy is awaiting various government approvals in neighboring Lake County to construct a $180 million, natural gas-fueled plant on the outskirts of Eustis, FL, 32 miles northwest of Downtown Orlando.

And in Leesburg, FL, 45 miles northwest of Orlando, Panda Energy International proposes to use steam instead of natural gas for its $300 million facility. The Duke and Panda projects, like the OUC-Southern venture, envision plant openings in 2003, if all approvals are cleared. Construction on the OUC-Southern enterprise is tentatively set to start by September 2001. Southern would own 65 percent of the asset; OUC, 28 percent; the Kissimmee (FL) Utility Authority and a consortium of smaller utilities, 7 percent.

The surge in utility construction projects stems from pending federal and state regulations that would totally deregulate the power industry and allow utility companies to compete for customers. That competition is under way in several states but hasn't begun yet in Florida.