NRC Issues Early Site Permit to Tennessee Valley Authority for SMRs at Clinch River Site

LCG, December 27, 2019--The Nuclear Regulatory Commission (NRC) announced on December 17 that the Commission has authorized the issuance of an Early Site Permit (ESP) for Tennessee Valley Authority's (TVA's) Clinch River site near Oak Ridge, Tennessee. The ESP closes several site-related issues, including many environmental impacts, for small modular reactors (SMRs) at the site. The ESP is the first issued by the NRC for SMRs and will be valid for up to 20 years from date of issuance.

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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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Industry News

PG&E, SoCal Ed Fight CPUC over Rate Cases

LCG, Nov. 29, 2001--The California Public Utilities Commission will discuss at its meeting today whether there are "good reasons" that Pacific Gas & Electric Co. and Southern California Edison Co. should not be fined for failure to prepare general rate cases projecting electricity and natural gas prices for the year 2003.

The CPUC had directed the two utilities to file the preliminary paperwork last month. Neither company has done so and each faces penalties that could amount to as much as $20,000 per day. The utilities complained that the regulators gave them insufficient time and that the unsettled energy market makes it difficult to predict whether prices will be raised or lowered.

Gordon Smith, chief executive of PG&E said in a letter to the CPUC that it would take at least six months to prepare a general rate case and the agency has allowed it only 20 days. "It seems incongruous and an inefficient use of resources to process a full-blown general rate case without knowing how the bankruptcy will be resolved," Smith wrote.

SoCal Ed said the uncertainty of the market made preparation of a rate case difficult, but thought it could get the preliminary paperwork together by the middle of next month. John Fielder, the utility's vice president for regulatory affairs, said his company was prepared to tell the CPUC why it was "entirely appropriate to delay filing the first step in the rate case."

Commissioner Jeff Brown, a member of the CPUC, said the agency will decide today whether "there are good reasons for the non-production of the rate cases."

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