On October 21, 2026, NextEra Energy projected fourth-quarter wind fleet generation to drop to 90% to 95% of its long-term average due to El Niño impacts, sharply elevating the need to minimize downtime and capture every available megawatt-hour after locking in higher revenue stakes by recontracting 1,400 megawatts of existing renewable assets at an average $20 per megawatt-hour premium.
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