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

New Power Generation Record Set for ERCOT

LCG, October 19, 2011--The Electric Reliability Council of Texas (ERCOT) announced that the electricity generated by wind farms on the afternoon of October 7 set a record at 7,400 MW. With an installed wind generating capacity totaling approximately 9,400 MW, this represents nearly an 80 percent capacity factor for the wind farms in ERCOT. Coastal wind farms accounted for approximately 15 percent of the power generated.

On October 7, approximately 15 percent of the electricity demand of 48,733 MW was supplied by electricity generated by the wind projects in ERCOT.

Although electric transmission constraints and the economy have slowed wind project development, new wind projects continue to be constructed. ERCOT anticipates the installed wind power capacity to increase from 9,400 MW to 9,700 MW by year end. Furthermore, over 2,300 miles of high-voltage transmission system expansions are planned by the end of 2013 that could allow for an additional 18,500 MW of installed wind power.

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