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 Proposes 500 Megawatt Long Island Plant

LCG, Sept. 28, 2000AES Corp. has approached Riverhead Town on Long Island with a proposal to build a 500 megawatt natural gas-fired power plant on 15 acres of a 50-acre site it would purchase on the edge of an industrial park, Newsday reported this morning.

"We're trying to bring competition here," said Harry Davitian, vice president of the AES subsidiary that operates the company's power plants in the Northeast. Davitian said the proposed plant could provide about one-tenth of the Island's electrical needs.

Riverhead is at the head of Great Peconic Bay, the inlet that give outer Long Island its swallow tail effect, and is on the fringe of the area called "The Hamptons."

Davitian said that the proposed Riverhead plant would provide electricity and steam to tenants of the industrial park and sell electricity in the regional wholesale power market. Joey MacLellan, executive assistant to the Riverhead town supervisor, told Newsday that "(The plant) would provide low-cost energy to the industrial park."

Newsday noted that several new power plants have been proposed for Long Island, including two in Yaphank that would be of 580 megawatts and 750 megawatts and another in Kings Park that would generate 300 megawatts.

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