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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

Mirant, Vattenfall Cancel German Utility Talks

LCG, Sept. 26, 2001--Joint venture talks between U.S. power producer Mirant Corp. and Sweden's Vattenfall to form a dominant utility in Germany have broken off and there is little likelihood of resumption, Mirant said this morning in a FAXed news release.

Mirant's statement said top officials of both firms, meeting in Berlin, had decided to end the talks, which would have created a new electric utility in northeastern Germany by merging four existing companies. The four are Berlin's own utility Bewag, power producer Veag, coal company Laubag and Vattenfall subsidiary HEW.

A chill had settled over the talks this morning when Vattenfall announced that it had already made up its mind on the person who would be chief executive of the utility.

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