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.

Read more

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.

Read more

Industry News

DOE Submits Application for Yucca Mountain Nuclear Waste Repository to NRC

LCG, June 4, 2008--The U.S. Department of Energy (DOE) submitted an application to the Nuclear Regulatory Commission (NRC) for a license to construct the country's first underground, geologic repository for spent nuclear fuel and high-level nuclear waste at Yucca Mountain, Nevada. The application is over 8,600 pages long, plus approximately 200 other supporting documents, including a Final Environmental Impact Statement (FEIS).

Nuclear wastes are now stored at 121 temporary locations in 39 states. In 2002 Congress and the President approved Yucca Mountain to be the site for the country's first permanent geologic repository for spent nuclear fuel and high-level radioactive waste. With the application submitted, the NRC will determine whether the application is sufficiently complete. If deemed complete, the NRC will formally docket the application and publish a notice of opportunity to request a hearing before the NRC?s Atomic Safety and Licensing Board. In addition, the NRC will announce the extent to which it will adopt the DOE?s FEIS for the proposed repository, located approximately ninety miles northwest of Las Vegas in the Mojave Desert.

After the NRC formally dockets the application, the NRC will follow a prescribed, three-year schedule to decide if construction should be authorized. The NRC may request a one-year extension, and the NRC has stated it expects it will need the extension.

To address the myriad of scientific environmental and engineering issues, the NRC plans to utilize a team of over one hundred contractors and staff employees, including staff at the NRC?s headquarters in Rockville, Maryland, the Region IV office in Arlington, Texas, and the NRC?s Las Vegas office. Further technical support will be provided by the Center for Nuclear Waste Regulatory Analysis in San Antonio, Texas, a federally funded research and development center.
Copyright © 2019 LCG Consulting. All rights reserved. Terms and Copyright
Generator X
Generation and Transmission Planning and Optimization
The Locational Marginal Price Model (LMP) Network Power Model
Day Ahead and Real Time Market Simulation
Day-ahead and real-time portfolio revenue optimization
The Gas Procurement and Competitive Analysis System
Database of Plants, Loads, Assets, Transmission...
Annual summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service