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

Tucson Electric Vows to Serve Arizona First

LCG, Feb. 7, 2001While Arizona regulators are willing to believe that the state's utilities might forsake their service territory customers and sell electricity in the soaring Western wholesale power market in order to make a quick buck, Tucson Electric Power Co. says "fuhgeddit."

"We would not withhold power from the Tucson market and sell it wholesale," said TEP spokesman Steve Lynn. "We would never do that." The company will serve its customers first, he said. "We don't have a hard-and-fast regulation that says we must, but there is no doubt in our minds that our first obligation is to the people on our system."

Lynn's assurances came after Jim Irvin of the Arizona Corporation Commission, the state agency that oversees utilities, said that while under old regulations, utilities were required to serve all of the customers in their service territory, under the competitive environment, launched statewide January 1, any assurance to serve as a supplier of last resort went out the window.

"Yes, they can sell power on the open market, go for the big money, and hopefully not run out ofpower," Irvin said. "Technically, potentially there is nothing to stop them."

That got other commissioners aroused and in an "over my dead body" mode. "As long as I have a say over it, utilities will continue to supply the customers, and Arizona will come first," commissioner Marc Spitzer said.

But Lynn says the commissioners' worries are unfounded. "In the long haul, shareholders would not be happy if we didn't keep our customers happy," he said. "There is no question that the shareholders, many of whom are our customers, and regulators and others, would not be happy with us if that is the way we did business."

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