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Alliant Energy Announces Agreement to Build 210 MW Wind Farm in Iowa

LCG, July 19, 2018--Alliant Energy's Iowa utility subsidiary, Interstate Power and Light Company (IPL), and Invenergy announced Monday that the companies signed contracts by which Invenergy will complete development of the 210-MW Richland Wind Farm in Sac County, Iowa. Alliant Energy will construct and own the wind farm, which is scheduled to be completed by early 2020.

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New York Announces Plans to Procure Approximately 800 MW of Offshore Wind

LCG, July 13, 2018--The Governor of New York yesterday announced that the New York State Public Service Commission (PSC) has agreed upon plans for the state's first procurements of offshore wind to support New York's goal of installing 2,400 MW of new offshore wind generation by 2030. The new capacity will be important to achieving New York's goal of satisfying 50 percent of its energy requirements with renewable energy by 2030. The goal is part of the Governor's Clean Energy Standard, which was adopted by the PSC in 2016.

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Industry News

NRC to Issue License to Construct Two New Reactors iat Turkey Point in Florida

LCG, April 11, 2018--The Nuclear Regulatory Commission (NRC) recently announced that it will issue licenses allowing Florida Power and Light (FPL) to proceed with construction and operation of two AP1000 reactors at the Turkey Point nuclear generating station. The Turkey Point power generation complex is located in southern Miami-Dade and currently includes two zero-emissions nuclear generating units (Units 3 and 4) and one high-efficiency natural gas unit (Unit 5).

FPL submitted the application on June 30, 2009, and the NRC certified the 1,100-MW AP1000 design in 2011. The federal regulator granted permission for the agency's Office of New Reactors to issue the licenses after conducting a hearing in December 2017. The Commission found the staff's review of FPL's application adequate to make the necessary regulatory safety and environmental findings.

FPL has indicated that it wants to maintain the option to build new nuclear electric generating capacity; however, it has no immediate plans to proceed with construction of the new units (Unit 6 and 7).

Earlier this year in February, FPL announced plans to file with the NRC to renew and extend the operating licenses for Units 3 and 4. FPL's plan to pursue a second 20-year license renewal for each nuclear unit would be the first such application in the U.S. The license renewal would ultimately allow for an 80-year operating life for the units, which would operate until 2052 and 2053. FPL estimates that renewing the licenses would save FPL customers billions of dollars by avoiding the need for other more expensive power generation.
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