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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

Four CA Energy Contracts Settled

LCG, July 16, 2002-The Federal Energy Regulatory Commission and various energy companies have reportedly reached settlements regarding long-term electricity contracts.

According to FERC Administrative Law Judge Curtis Wagner, California officials and energy companies have come to four settlements, and other contracts are under negotiation. The settled contracts have yet to be written up and signed.

Discussions over contracts will continue for the next three weeks, and a settlement conference will occur on August 5 and 6 in Washington, D.C.

Although the names of those involved in the specific four settlements have not been released, negotiation has been ongoing between the California Department of Water Resources and energy companies including Sempra Energy, Dynegy, Williams Cos., Mirant, and Allegheny Energy.

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