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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

BG&E Wins Another Round from Mapsa

LCG, Sept. 22, 2000A Baltimore City Circuit Court judge yesterday issued a 25-page order and opinion upholding the approval by the Maryland Public Service Commission of the electric restructuring settlement agreement with Baltimore Gas & Electric Co.

That agreement had been challenged by a New Jersey organization which claims to represent out-of-state electricity marketing companies that want to do business in Maryland. Among other things, the Mid-Atlantic Power Supply Association complained that BG&E had set its standard offer service rate so low it was hard to compete with.

Yesterday's decision by Judge Albert J. Matricciani Jr. was the fourth or fifth in the utility's favor, as Mapsa seems to have the uncanny ability to keep finding new venues in which to bedevil the utility.

Christian H. Poindexter, chairman, president and chief executive of Constellation Energy Group Inc., BG&E's parent holding company, said Judge Matricciani's order "lifts any lingering uncertainty from customer choice of electricity in Central Maryland."

Frank O. Heintz, BG&E chief executive, pointed out that "Despite Mapsa's efforts, one of its out-of-state members already has signed more than 100 large retail electric customer accounts here in Central Maryland."

To date, some 26 suppliers, brokers, and aggregators have been licensed by the PSC to competefor retail electric sales, and 7 more have applications under review, the company said.

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