UPDATE 1-FPL shuts Fla. Turkey Pt 4 reactor for refuel

(Updates with company comment)

NEW YORK Oct 26 (Reuters) - FPL Group Inc FPL.N shut the 693-megawatt Unit 4 at the Turkey Point nuclear power station in Florida on Monday for planned refueling, a spokesman said.

He did not say in an email when the unit might return. Electricity traders guessed the unit would likely return in about a month.

The unit last shut from about March 31 to May 12, 2008. It is on an 18 month refueling cycle.

The 2,196 MW Turkey Point station is located in Florida City in Miami-Dade County about 25 miles south of Miami.

There are several units at Turkey Point: the 398 MW oil/natural gas-fired Unit 1, the 400 MW oil/gas-fired Unit 2, two 693 MW nuclear units, 3 and 4, the 1,150 MW combined-cycle gas-fired Unit 5, and a handful of 2 MW and 3 MW oil-fired turbines.

Unit 1 entered service in 1967, Unit 2 in 1968, Unit 3 in 1972, Unit 4 in 1973 and Unit 5 in 2007. The NRC renewed the reactors original 40-year operating licenses in 2002 for another 20 years until 2036 and 2043.

Unit 3 continued to operate at full power.

One MW powers about 300 homes in Florida.

FPL plans to spend about $1.5 billion to add about 400 MW of capacity to the company's existing St. Lucie and Turkey Point reactors by 2012.

In 2009, FPL filed with the NRC to build two of Toshiba Corp (6502.T)/Shaw Group Inc's SGR.N Westinghouse Electric Co 1,100 MW AP1000 reactors at Turkey Point.

The company has said the new Units 6 and 7 could enter service in the 2018-2020 timeframe at an estimated cost of $12 billion-$18 billion.

FPL, of Juno Beach, Florida, owns and operates about 38,000 MW of generating capacity across the United States, markets energy commodities, and transmits and distributes electricity to more than 4.5 million customers in Florida. (Reporting by Scott DiSavino; Editing by Walter Bagley)