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

AEP to Sell Coal Mines, Buy Fuel for Power Plants

LCG, May 1, 2001American Electric Power Co. Inc. and Consol Energy Inc. said yesterday they had agreed for Consol to buy certain Ohio and West Virginia coal mines from AEP affiliates and sell coal to the big utility to fuel its power plants.

Under the proposed agreement CONSOL Energy would purchase the stock of Windsor Coal Co. in West Liberty, W.Va., Southern Ohio Coal Co. in Wilkesville, Ohio, and Central Ohio Coal Co. in Cumberland, Ohio.

AEP would agree to purchase about 34 million tons of coal from these and other Consol mines through 2008. The coal would fuel several AEP power plants, including the Muskingum River, Cardinal and Gen. James. M. Gavin plants. (A power plant named after Jumping Jim Gavin, the old paratrooper?)

It appears that there is little protection for mine workers in the agreement. The companies said only that "Federal Worker Adjustment and Retraining Notification Act, or WARN, notices will be given toemployees at the three mines. The notices alert them to the potential sale and indicate that theiremployment with AEP would end on or about June 30, 2001 when it is anticipated that the agreementwith Consol would be closed."

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