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

State of Pennsylvania Leads Nation in Green Power Purchases

LCG, August 30, 2006--The State of Pennsylvania announced yesterday that it has doubled its purchases of green electricity and is now the largest state purchaser of green power in the nation. Pennsylvania will now purchase 200 MWh per year of energy from clean, renewable resources that do not produce emissions.

To achieve this status, Pennsylvania modified an existing power purchase agreement with Community Energy, Inc. (CEI). The agreement requires that 40 percent of the power supplied is generated from wind resources and 60 percent is from hydroelectric resources. The annual energy purchase of 200 MWh is equivalent to 20 percent of the state government's electricity requirement, and the energy will be purchased "at a premium rate of only 0.34 cents per kilowatt hour."

CEI was purchased in May 2006 by the Spanish firm, IBERDROLA, an international energy company that owns and operates renewable energy facilities around the world. IBERDROLA is also largest shareholder in the Spanish wind company, Gamesa Corp., which recently chose to base its North American headquarters in Pennsylvania.

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