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NRC Issues Subsequent License Renewals for First Time to Nuclear Reactors in Florida

LCG, December 11, 2019--The Nuclear Regulatory Commission (NRC) staff recently approved Florida Power & Light's (FPL's) application for an additional 20 years of operation for Turkey Point Nuclear Generating Units 3 and 4. This is the first time the NRC has issued renewed licenses authorizing reactor operation from 60 to 80 years. The subsequent (or second) license renewals (SLRs) for Turkey Point Unit 3 and Unit 4 now expire on July 19, 2052 and April 10, 2053, respectively.

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New York Poised to Close Last Coal-fire Power Plant

LCG, December 4, 2019--The last operating coal-fired power plant in New York is moving toward closure shortly. Last month, Somerset Operating Company, a subsidiary of Riesling Power LLC, submitted a request to the New York State Public Service Commission (NYSPSC) to waive the state's required, 180-day notice to close the Somerset Station, allowing the facility to be retired on February 15, 2020. Closure is contingent on approvals by both NYSPSC and the New York Independent System Operator (NYISO), which will evaluate if it will cause an adverse effect on grid reliability.

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Industry News

AWEA Issues Third Quarter 2018 Market Report

LCG, November 1, 2018--The American Wind Energy Association (AWEA) recently released its new U.S. Wind Industry Third Quarter 2018 Market Report. AWEA reports new wind turbine installations have added 612 MW of electric generating capacity during the third quarter, bringing year-to-date installations to a total of 1,644 MW. In addition to new capacity additions, developers completed 329 MW of partial repowerings across three projects in the third quarter.

The cumulative installed wind capacity in the U.S. now totals 90,550 MW, with over 54,000 wind turbines operating in 41 states plus Guam and Puerto Rico.

Year-to-date installations are down 43 percent compared to the first three quarters of 2017, but are roughly consistent with 2016 installation activity. However, total wind capacity under construction is up 51 percent year-over-year.

In the third quarter, Texas led the country with 216 MW of wind project installations, followed by Oklahoma (199 MW), and Ohio (108 MW). Texas continues to lead the U.S., with a total cumulative installed capacity of 23,421 MW. Oklahoma trails, with a total of 7,694 MW, followed by Iowa, with 7,312 MW. California (5,690 MW) and Kansas (5,110 MW) retain fourth and fifth place ranking.

AWEA estimates that the combined wind power capacity under construction (20,798 MW) and in advanced development (17,167 MW) is 37,965 MW, which represents a 28 percent year-over-year increase.

According to AWEA, GE Renewable Energy turbines represent 63 percent of the U.S. wind turbine market in the first three quarters of 2018, while Vestas represents 26 percent and Goldwind represents 10 percent. The majority of projects under construction or in advanced development will use turbines with a nameplate capacity between 2 MW and 3 MW, while about 30 percent of projects where turbines have been reported are using turbines rated 3 MW or larger.
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