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.

Read more

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.

Read more

Industry News

AES to Power Congo Magnesium Project

LCG, Sept. 13, 2000A Canadian company that refines magnesium and AES Corp., the big U.S. independent power producer, have signed an agreement for an AES subsidiary to take care of the energy end of a project to develop a magnesium project in West-Central Africa.

William B. Burton, president and chief executive of Magnesium Alloy Corp. of Nova Scotia, said in a statement yesterday that AES Sirocco would be responsible for the entire energy program, beginning with feasibility studies and continuing through construction and operation of energy facilities.

Magnesium Alloy is in the early stages of development of the Kouilou Magnesium Project at Pointe-Noire in the Republic of Congo. The project will produce magnesium metal and alloys at what is said to be one of the world's richest magnesium salt deposits.

The Republic of Congo is a portion of the former French Equatorial Africa. It is frequently confused with the Democratic Republic of the Congo which is the former Belgian Congo and was called Zaire for a time. Neither country can be considered politically stable.

Copyright © 2019 LCG Consulting. All rights reserved. Terms and Copyright
Generator X
Generation and Transmission Planning and Optimization
The Locational Marginal Price Model (LMP) Network Power Model
Day Ahead and Real Time Market Simulation
Day-ahead and real-time portfolio revenue optimization
The Gas Procurement and Competitive Analysis System
Database of Plants, Loads, Assets, Transmission...
Annual summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service