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

Iowa Power Plant Legislation Dies

LCG, May 9, 2001The Iowa House adjourned yesterday on the 121st day of the 2001 session at 5:49 p.m. and the Senate followed at 6:30 p.m. Dying with the session was legislation aimed at making the state self sufficient in electric power generation.

Republican leaders said they were not able to round up enough votes in the state Senate's last hours to pass a bill sought by utility companies that would have encouraged the building of more power plants in Iowa.

Christopher Rants of Sioux City, Majority Leader of the Iowa House, had said earlier "If we don't get it done, we're closer to having rolling blackouts in this state."

Supporters of the bill, which would have removed many restrictions on joint financing of plants by municipal utilities, charged that special-interest groups were spreading false information in an attempt to discredit the proposal, and they may have something.

Critics raised environmental concerns and warned that the legislation could set the stage for the closing of existing plants in favor of higher-profit new plants. They also questioned a provision allowing the state's two largest investor-owned utilities to buy energy on contract from an affiliate that owns the new plant and sells at unregulated wholesale prices.

State Sen. JoAnn Johnson, chairwoman of the Iowa Senate Commerce Committee, conceded that prices will increase as more plants are built, but warned that consumers will pay a much steeper price for their electricity if steps aren't taken now to provide Iowa with a dependable power supply in the future.

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