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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

Newsmakers

William Powers Jr., dean of the University of Texas School of Law in Austin, Texas, has been elected a director of Enron Corp., effective immediately. The company said he will be chairman of a special committee to examine and take any appropriate actions "with respect to transactions between Enron and entities connected to related parties."

James T. Rhodes, a veteran of more than 30 years in the energy industry, has been named to the Duke Energy Corp. board of directors the company. Dr. Rhodes recently retired as chairman, president and chief executive of the Institute of Nuclear Power Operations.

Susan M. Stalnecker, vice president for finance and treasurer of DuPont Corp., has been named to the PPL Corp. board of directors.

Chesapeake Utilities Adds Three Directors
Diversified utility Chesapeake Utilities Corp., has announced the appointment of three new members to its board of directors, all effective November 1.

  • Thomas J. Bresnan will be a Class I director with a term running from 2001 to 2003. He is chief executive of Anaheim, Calif.-based of New Horizons Worldwide Inc.

  • J. Peter Martin becomes a Class II director with a term running from 2001 to 2004. He is the retired founder, president and chief executive of Miami, Fla.-based of Atlantic Utilities Corp.

  • Joseph E. Moore Esq. will be a Class III director and serve from 2001 to 2002. He is a partner in the Maryland law firm of Williams, Hammond, Moore, Shockley and Harrison.

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