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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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.

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Industry News

Brazil Orders 20 Percent Cut in Power Use

LCG, May 21, 2001The government of Brazil, faced with a deepening electric power crisis because of the country's worst drought in more than 60 years, on Friday ordered consumers and businesses to reduce electricity usage by 20 percent of prepare for California-style blackouts, the New York Times reported Saturday.

Rationing will be imposed beginning June 1 and remain in effect for at least six months. Those who fail to meet cutback quotas will pay surcharges and those who exceed them will be rewarded, the paper said.

Large companies are to be allowed to sell the energy they save, and small consumers who reduce consumption by 34 percent will receive their electricity free. Quota violators will have their power turned off for up to six days at a time.

"We will save the energy we need if we organize ourselves," President Fernando Henrique Cardoso said in a nationally televised speech Friday night. "Everyone has to participate in this national effort if we want to remove the risk of blackouts."

On Thursday night, street lighting in most major cities was cut 35 percent, and police night shifts were bolstered. In another sign of the seriousness of the crisis, the government has prohibited night games of professional soccer, the country's favorite sport, and severely restricted concerts.

Brazil relies on hydroelectric power for more than 90 percent of its needs, but impoundments behind its hydroelectric dams are at less than one-third of normal because of the prolonged drought. Economists and businessmen have urged government development of non-hydro generation since the mid-1980s, but little has been forthcoming.

Funds realized from the privatization of many state-owned utilities have been used to reduce government debt rather than to enhance the power infrastructure.

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