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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

Georgia Power Announces Plans to Satisfy Future Electric Supply Resource Needs

LCG, April 6, 2007--Georgia Power, a subsidiary of Southern Company, announced yesterday that it plans to file a request for certification of three power supply contracts that total nearly 1,800 MW commencing June 1, 2010 with the Georgia Public Service Commission (PSC) on April 17.

The request is based upon an Integrated Resource Plan (IRP) previously filed by Georgia Power with the PSC and a subsequent Request for Proposals (RFP) issued for new resources. According to Georgia Power, there were 26 proposals from eight different companies totaling more than 10,000 MW of generation.

The three contracts selected to meet the resource needs in 2010 total about 1,795 MW of capacity. All three of the contracts are associated with existing, gas-fired facilities in Georgia; thus no new electric generating capacity will be provided to meet the growing demands of customers in Georgia.

According to Georgia Power, two of the contracts will be with Southern Power, another subsidiary of Southern Company. The Southern Power facilities are Plant Dahlberg, a combustion turbine facility in Jackson County, and Plant Wansley, a combined cycle facility in Heard County. The power purchase agreement (PPA) associated with Plant Dahlberg is for fifteen years to provide a total of 292 MW of capacity and associated energy, and the PPA associated with Plant Wansley is for seven years to provide a total of 561 MW of capacity and associated energy.

The third contract is associated with the Tenaska plant, a combustion turbine facility in Heard County. This facility is owned by Tenaska Georgia Partners, L.P. and the entire plant output is currently contracted by Exelon Generation Company, LLC. Georgia Power will request certification of a PPA with Exelon that includes a fifteen year term, with a
a near-term five year option for extension, that provides a total of 942 MW of capacity and associated energy.

Georgia Power is also building new generation facilities to meet the future electric demands of its customers. Last November, Georgia Power announced its plan to replace its coal-fueled, 580-MW Plant Jack McDonough, located near Atlanta, Georgia, with an 800-MW, natural gas-fired unit. The replacement with combined-cycle units would substitute relatively clean-burning natural gas for coal and avoid the substantial additional investment by Georgia Power in new emission control equipment for the aging coal-fired units at the site.

Georgia Power previously proposed adding two other gas-fired units at the site. In total, 2,400 MW of gas-fired capacity is planned at the site. Assuming timely approval of the proposed new generating facilities, Georgia Power expects construction to begin in 2008 and the new units to commence operations in late 2010, with the entire project complete by 2012.

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