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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

Newsmakers

Anne F. Appleby has joined Oglethorpe Power Corp. as vice president for finance. Most recently, she was senior vice president for credit products with Bank of America, leading a team of debt specialists in Georgia and Tennessee.

Stephen L. Baum, vice chairman, president and chief executive of Sempra Energy Inc., has been appointed chairman, succeeding Richard D. Farman, who has retired from the company.

Kevin Fox has been named senior vice president and general manager of the commodity services group of Aquila Energy, a wholly owned subsidiary of UtiliCorp United Inc. He most recently was vice president and portfolio manager, responsible for all aspects of electricity trading.

David Kyle, president of Oneok Inc., has been elected chairman and chief executive officer, succeeding Larry Brummett, who died last week of cancer. Kyle began his career with Oklahoma Natural Gas Co. in 1974.

Greg A. Lohnes has joined Great Lakes Gas Transmission Co. as president and chief executive. He moves to Great Lakes from TransCanada PipeLines Ltd., where he most recently was vice president for global strategy and business development in the company's international business unit.

Rebecca P. Mark has resigned as a director of Enron Corp.. She has also resigned as chairman and chief executive of Azurix Corp., a water resources company spun off from Enron.

Deaths

Larry W. Brummett, chairman and chief executive of Oneok Inc., and a long-time community leader in Tulsa, has died following a two-year battle with cancer. He was 49. Brummett became chairman, chief executive and president of Oneok in 1994. He joined Oklahoma Natural Gas in 1974.

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