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

Federal Judge Won't Block SoCal Ed Settlement

LCG, Nov. 12, 2001--U.S. District Judge Ronald Lew on Friday refused to delay a settlement between Southern California Edison Co. and state regulators designed to allow the utility to recover $3.3 billion of its debts and help the utility avoid bankruptcy.

A San Francisco-based consumer "watchdog" organization, The Utility Reform Network (TURN), had asked the court for a stay of the agreement reached between SoCal Ed and the California public utilities Commission.

Judge Lew, who had approved that settlement on October 5, said further delay would risk harming the utility, its creditors, its customers and the general public. He called TURN's arguments "repetitive" and "without merit."

Michael Strumwasser, a TURN lawyer, said "We are not surprised that Judge Lew turned us down given his prior rulings," and promised to pursue a stay in the U.S. 9th Circuit Court of Appeals in San Francisco.

The utility said it was confident that the settlement would not be derailed. "This ruling reaffirms that settlement. We're pleased. It's an important step in the process," said Stephen Pickett, a SoCal Ed attorney.

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