EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

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

Clean Coal Tech Would Boost Power Costs a Third, DOE Says

LCG, Nov. 2, 2001--Converting older coal-fired power plants that were "grandfathered" under the Clean Air Act to so-called "clean coal technology" would raise the cost of electricity by a third, the Department of Energy said yesterday.

Reducing carbon dioxide and other emissions from these plants, which are mostly in the Midwest and the South, in order to prevent global warming -- something that may not be happening anyway -- would add $9 billion a year to the cost of electricity, according to Mary J. Hutzler, acting head of the Energy information Administration, a unit of the DOE.

Testifying before the Senate Environment and public Works Committee, Hutzler said electricity from the grandfathered plants will cost 33 percent more by 2020 than it would if carbon dioxide were continued to be treated as a non-polluting byproduct of combustion and a lot of other things.

Human beings exhale carbon dioxide when they breathe. Growing plants consume carbon dioxide in the process of photosynthesis, and emit pure oxygen in its place.

Committee Chairman Sen. James Jeffords of Vermont, the Independent who made news when he defected from the Republican Party and tilted the balance of the U.S. Senate in favor of the Democrats, accused Hutzler and the Bush administration of disregarding what he claims are $59 billion in health benefits that would accompany carbon dioxide reductions.

Jeffords is author of pending legislation that would place carbon dioxide on the list of regulated pollutants. The Energy Department says his proposal would raise the total cost of electricity in the U.S. from $2.031 trillion to $2.208 trillion over the next 20 years.

Annual costs, taking into account a decline in consumption of household goods and services as money is diverted to pay for power, would be up to $30 billion.

As many as a third of existing coal-fired power plants would be shut down rather than upgraded as a side-effect of Jeffords' bill, the EIA said.

Ohio Sen. George Voinovich, a Republican, said Jeffords' bill would be "a disaster for my state and for the manufacturing base of the United States. I'm talking about the lifeblood of my state. This legislation is a threat to my economy," he said. "The bottom line is it ain't gonna happen. The president said if it's got carbon in it, he's going to kill it."

Copyright © 2019 LCG Consulting. All rights reserved. Terms and Copyright
Generator X
Generation and Transmission Planning and Optimization
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
PowerMax
Day-ahead and real-time portfolio revenue optimization
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
MarketWatch
Annual summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service