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

Con Edison Faces State Challenge over Electric Rates

LCG, Aug. 24, 2000--New York State Attorney General Eliot Spitzer said in a brief statement this morning that he has filed an action against Consolidated Edison Inc. challenging the rates charged by its utility subsidiary for electricity this summer.

Alleging that Consolidated Edison Co. of New Yorks electricity prices this summer are about 30 percent higher than they were last summer, Spitzer said he wants to force the utility to roll back prices to last years level.

Con Edison has admitted that some $22 million of the extra money it has collected has been spent on replacement power for that lost by the shutdown in February of its Indian Point 2 nuclear power plant. Last week, the utility filed suit in the U.S. District Court for the Northern District of New York seeking an injunction against enforcement of a law that would prevent recovery from ratepayers of the $22 million.

Spitzers statement did not disclose the nature of his "action" or the venue in which it was filed. Those and other details will be provided at a news conference in his New York City office, the statement said.

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