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

Indiana House Votes for More Regulatory Muscle

LCG, Feb. 21, 2001Indiana utility regulators would be given more muscle with which to keep electric, natural gas, water and telephone companies in line under a bill approved by the state House yesterday be an 84-12 vote.

"Misbehavior exists, and we need to have intelligent ways to handle this misbehavior," said Rep. Scott Pelath, a Michigan City Democrat.

The measure would give the Indiana Utility Regulatory Commission authority to fine a utility that violates state law or refuses to comply with a commission order. Fines could range up to $25,000 for each day of continued "misbehavior," up to a maximum of $2.5 million in a month.

Do the arithmetic. If the worst the utility can do would cost it $25,000 a day, it would take a 100-day month to reach the cap.

Under present rules, Indiana regulators can fine a utility only $1,000 per day, and must get county prosecutors to handle the fines for them.

Republican House leader Brian Bosma said that the bill is reactionary and represents "everything that's wrong with the legislative process." He said the amount of the fines were much higher than surrounding states and that "big fines aren't necessarily the answer."

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