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Ameren Missouri to Acquire 400-MW Wind Farm

LCG, May 23, 2018--Ameren Missouri, a subsidiary of Ameren Corporation, Monday announced that it has entered into an agreement to acquire, after construction, a 400-MW wind farm in northeast Missouri. The project will include 175 wind turbines to be installed by an affiliate of Terra-Gen, LLC. Construction is expected to commence in summer 2019.

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Impacts of High Variable Renewable Energy Futures on Wholesale Electricity Prices, and on Electric-Sector Decision Making

May 23, 2018 -- Lawrence Berkeley Lab partnered with LCG Consulting to develop a large number of variable renewable energy (VRE) scenarios to derive future generator portfolios and hourly price and emissions series. The main objective of this exercise is to offer policymakers, utilities and grid authorities a long-range view of how current choices could impact their future ability to cope with changes in the electric sector.

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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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