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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

Santee Cooper Suspends Development of Coal-fired Power Plant in South Carolina

LCG, August 25, 2009--The board of Santee Cooper, South Carolina's state-owned electric and water utility, yesterday voted unanimously to suspend efforts to construct a 600-MW, coal-fired electric generating station in Florence County, South Carolina.

Santee Cooper identified three, primary reasons for discontinuing its efforts towards building the Pee Dee Energy Campus. First, the recession has reduced overall demand for electricity. Second, proposed federal government regulations regarding carbon emissions would significantly increase the operating costs of the coal-fired power plant. Third, Central Electric Power Cooperative, Santee Cooper's largest customer, plans to gradually reduce its reliance on using power supplied by Santee Cooper beginning in 2013.

The Pee Dee Energy Campus was scheduled to commence operations in 2012.
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