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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

Oklahoma May Slow Dereg Pace

LCG, Feb. 20, 2001The Oklahoma state House Energy and utility Regulation Committee was to consider a bill today that would make the beginning of electric deregulation in the Sooner State occur later.

The measure, introduced by Democrat Rep. Larry Rice, would extend the deadline for implementing electric deregulation from July 1, 2002, to Jan. 1, 2004. Rice was pretty sure the legislation would be moved to the floor of the Oklahoma House, "But you never know."

He'll get help from the other side of the aisle if it does. Rep. Larry Ferguson, chairman of the Republican Caucus' electric deregulation committee, said he his people favor delaying deregulation "until at least January 2004."

Ferguson added, "With all that's gone on in California and some other places, I think people are very suspicious of deregulation."

Oklahoma state Sen. Kevin Easley, who wrote the legislation that would start deregulation in 2002, said he didn't see a need for delay. He agreed the news from California was not reassuring, "But I feel like that's only because the success stories related to some of the other 20 states has not gotten out. It's easier to talk about the one failure than it is the 22 or 23 successes, starting with Pennsylvania and moving on down to Arizona."

Easley pointed out that California's problem was one of supply and demand and Oklahoma had the supply and would not see the power shortages that upset the applecart in California. Oklahoma has about 12,000 megawatts of installed capacity and another 9,000 megawatts under construction.

"We only have 13,000 megawatts that we use on our worst peaking day," Easley said.

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