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News
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LCG, August 14, 2024 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2025, highlighting the region's rapid transition toward increased reliance on renewable energy resources and battery storage.
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LCG, August 14, 2024 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2025, highlighting the region's rapid transition toward increased reliance on renewable energy resources and battery storage.
Read more
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Industry News
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.
The Turkey Point Nuclear Generating Units 3 and 4 are located on Biscayne Bay, approximately 24 miles south of Miami and just east of the Homestead area. The first unit began commercial operation in 1972, and the second unit followed in 1973. The units are Westinghouse pressurized water reactors (PWRs) that provide a combined electric generating capacity of 1,632 MW.
FPL submitted the Turkey Point SLR application on January 30, 2018, amending the application with additional information through April 10, 2018. The initial operating license for a nuclear reactor covers 40 years. A 20-year license renewal may then extend operations to 60 years of operations. The SLR process determines whether an operating reactor can safely extend its license for an additional 20 years (from 60 to 80 years of operation).
Roughly half of the nation's nuclear power plants will need to obtain an SLR by 2040 to continue operations. NRC approval of the first SLR is an important milestone for the nuclear industry and its potential to provide carbon-free electricity to 2050 and beyond.
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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