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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

Southern Power Breaks Ground at Biomass Project in Texas

LCG, November 11, 2009--Southern Power yesterday held the groundbreaking ceremony for its Nacogdoches Generating Facility located in Sacul, Texas. The 100-MW power plant will be fueled with biomass, and commercial operation is scheduled to begin in the summer of 2012.

Southern Power, a subsidiary of Southern Company, acquired the project last month from American Renewables, LLC. Electricity generated from the power plant is committed through a 20-year, power purchase agreement (PPA) with Austin Energy, the municipal utility of Austin, Texas. Austin Energy has a 30-percent renewable energy goal by the year 2020.

The President of Southern Power stated, "This is an exciting time for Southern Power as we expand our presence in the wholesale market and diversify our fuel mix with a renewable resource....Southern Power has a reputation of helping its customers meet their energy needs in cost-effective, reliable and environmentally responsible manner and we're pleased to be a partner with Austin Energy on a project that supports their environmental goals."

When completed, the facility will burn forest residues, wood processing residues and clean municipal wood waste in a fluidized boiler to generate steam that will drive a steam turbine to generate electricity. The annual fuel required will be approximately one million tons, which is expected to be transported to the plant from within a 75-mile radius of the project site.

The construction period for the Nacogdoches facility is estimated to be approximately 32 months, and the total estimated cost of the project is between $475 million and $500 million.

The acquisition of Nacogdoches Power, LLC is a new venture for Southern Power into biomass fuels, as well as into the State of Texas. Southern Power currently owns and operates more than 7,700 MW of natural gas-fueled generation assets in Alabama, Georgia, Florida, and North Carolina.
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