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NRC Issues Early Site Permit to Tennessee Valley Authority for SMRs at Clinch River Site

LCG, December 27, 2019--The Nuclear Regulatory Commission (NRC) announced on December 17 that the Commission has authorized the issuance of an Early Site Permit (ESP) for Tennessee Valley Authority's (TVA's) Clinch River site near Oak Ridge, Tennessee. The ESP closes several site-related issues, including many environmental impacts, for small modular reactors (SMRs) at the site. The ESP is the first issued by the NRC for SMRs and will be valid for up to 20 years from date of issuance.

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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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Press Release

Future of Natural Gas-fired Generation in the Electric Sector


LCG, July 24, 2018 -- A bright future for natural gas-fired generation in the electric sector is encountering complications from competing generation. The U.S. is in an extended period of natural gas oversupply, enabled by technologies of “fracking”. Yet a turn to natural gas in the power sector is facing disruptive penetration from wind and solar. An article prepared June 30, 2018 for a committee within the American Association of Petroleum Geologists addresses principal developments in energy over the past 18 months. Changes in electric generation in Texas and California have been particularly dramatic, reflecting shifts in coal, natural gas and wind generation in Texas and natural gas, hydroelectric and solar generation in California. LCG Consulting’s May 2018 report for Lawrence Berkeley National Laboratory on variable renewable energy was used to illustrate changes that could occur in the future and the dilemma they pose for natural gas.

Article reference: "Energy Economics and Technology Report -- Battles of Titans: Permian vs Northeast, Coal vs Natural Gas vs Renewables", by Jeremy Platt, John Dean and Stephen L. Thumb, June 30, 2018.

Additional topics addressed in the article are the scale of surging US oil and natural gas production, where the Permian Basin has become a major focus; the scale of wind, solar and battery technology improvements; price uplift occurring in international coal markets; and a scenario of higher priced oil. Uncertain and unresolved policy and geopolitical risks are also addressed, in particular trade wars and measures to support uneconomic coal and nuclear plants.

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