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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

New England Ready for Summer, ISO Says

LCG, May 18, 2001The operator of New England's bulk power grid said yesterday that there should be a sufficient supply of electricity to meet the summer needs of the region, refuting in part a report released Tuesday by the North American Electric Reliability Council.

ISO-New England said that NERC did not take into account firm agreements with Hydro-Quebec of Canada for at least 1,500 megawatts of power.

In its Summer 2001 forecast released last month, the ISO said that despite projected record-setting demand the region should not face blackouts, but conceded that extremely hot days or an extended heat wave could require the implementation of conservation measures.

"ISO New England is forecasting an adequate supply of electricity for the New England region thissummer," Stephen G. Whitley, vice president for system operations, said. "New England does not face the supply problems that are at the root of the crisis in California. Because of the addition of several new power plants throughout the New England region over the past two years, the growth in supply is outpacing the growth in demand."

With 1,000 megawatts of new electric generation added since June 2000, and another 1,600 megawatts expected to be on-line this summer, New England projects a reserve margin of almost 19%, which is higher than most other areas of the country, the ISO said.

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