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FLORIDA POWER NUCLEAR PLANT RECORDS GOOD PERFORMANCE

 CRYSTAL RIVER, Fla., July 2 /PRNewswire/ -- The performance of Florida Power Corporation's (FPC) Crystal River Nuclear Plant continues to climb with consistent and reliable performance recorded during recent years.
 Since the last refueling outage in mid-1992, the Crystal River Nuclear Plant has demonstrated "world-class" performance by operating at 82 percent capacity, well above the industry average.
 "We are very pleased with our improved overall performance," said FPC's Senior Vice President Dr. Pat Beard. "Our diligent efforts must continue as we strive to meet our performance goal of at least 80 percent capacity during 1993 while maintaining the highest safety standards."
 During the past 36 months, the plant's performance reflects an average capacity factor of 72.6 percent, ranking FPC's nuclear station in Citrus County above the industry average.
 Several significant changes at the nuclear plant within recent years have contributed greatly to improved plant performance.
 In late 1991, the first mid-cycle outage was completed. Mid-cycle outages now occur every other year, alternating with plant refueling outages. Previously, most plant maintenance was done during refueling outages. Nuclear power plants do not burn fossil fuels but use low-cost uranium. Uranium must be added every 24 months.
 Plant performance improved because highly technical maintenance activities to predict and prevent equipment failures before they happen were completed. The plant's second mid-cycle outage was completed ahead of schedule and below budget earlier this year.
 It has been learned that mid-cycle outages improve performance by reducing the number of unplanned or forced plant shutdowns. Mid-cycle outages generally last about two months.
 Signed in early 1991, a 10-year maintenance contract for parts and labor with Babcock & Wilcox (B&W) will enhance plant performance at an estimated savings of more than $10 million.
 Babcock & Wilcox manufactured the Crystal River Nuclear Plant's reactor and associated equipment. Under terms of the agreement, some equipment will be replaced and payments for labor and materials will be levelized over the 10 years. Benefits from the contract have exceeded earlier Florida Power expectations.
 As a group, the seven nuclear power plants designed by B&W are reporting excellent performance trends, surpassing the national average. Davis Besse, a B&W plant once described by a daily Florida newspaper as a sister unit to FPC's nuclear plant, has earned the honor of the best performing nuclear power plant in the world.
 Built at an original cost of $417 million, the crystal River Nuclear Plant remains a prudent investment for Florida Power Corporation because it provides many benefits to more than 1.2 million customers in 32 Florida counties.
 Energy savings occur because uranium is not only less expensive than coal or oil but it is environmentally friendly.
 During 1992, the Crystal River Nuclear Plant produced about 18 percent of all electricity generated by Florida Power Corporation. In addition to the company's Crystal River Nuclear Plant, Florida Power owns and operates 57 generating stations, including 17 fossil steam and 39 peaking units.
 To remain competitive during future years, FPC management and employees are continuing to do "the right things, the right way, the first time," a strategic corporate theme.
 -0- 7/2/93
 /CONTACT: Mark Jacobs of Florida Power Corporation, 904-563-4489, or home, 904-628-9732, or voice mail, 904-628-8767/
 (FPC)


CO: Florida Power Corporation; Babcock & Wilcox ST: Florida IN: UTI SU:

RC-AW -- FL001 -- 8103 07/02/93 11:17 EDT
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Date:Jul 2, 1993
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