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

Fitchburg Gas Wants to Boost Winter Prices

LCG, Sept. 20, 2000Unitil Corp. said yesterday its Fitchburg Gas & Electric Light Co. subsidiary has asked Massachusetts regulators to approve a natural gas rate increase that would be in effect from November 1 until next April 30.

If approved, the rate hike will cost the typical householder a little more than $14 per month, Unitil said. The company said the reason for the increase is the rising cost of the natural gas commodity and that all classes of customers would be affected.

"In this period of rapidly escalating energy prices, FG&E is working hard to moderate increases inour customers' winter gas bills," said Unitil President Mike Dalton.

Unitil said gas rates are ordinarily adjusted every six months to reflect changes in the wholesale cost of the commodity. Changes are passed along to the consumer without markup, the company averred.

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