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

Frisco Voters Approve Municipal Utility

LCG, Nov. 7, 2001--With all but about 9,000 absentee ballots counted this morning, a proposition to create a municipal utility in San Francisco appeared to have won by a 51 to 49 percent vote.

It may be a while before the absentee votes are counted. Yesterday, the envelopes containing them were taken to an auditorium instead of City Hall for fear that any possible anthrax contamination could close down the building.

Officials said they had received no threats but were just playing it safe. "It would be remiss to say that there are no fears of that," said Tammy Haygood, director of the Department of Elections, referring to anthrax. "We had no known threat of that."

Proposition F, one of two measures on yesterday's ballot that would create a municipal utility, seems to have won, but a second measure, Proposition I that would have included the town of Brisbane, appears to have lost by the same 51 to 49 percent margin. In Brisbane, voters rejected the proposal with 760 against and 190 in favor.

Pacific Gas & Electric Co., which had campaigned vigorously against both measures, may have shot itself in the foot. On Monday, its parent holding company, PG&E Corp., announced a 243 percent increase in profits for the third quarter.

PG&E did not concede defeat, saying this morning in a statement "Voters saw through the MUD proposal and realized it did not offer a solution to the power generation crisis." The company did not explain how it saw a 51 to 49 vote in favor of Proposition F as rejection.

Proposition F, if it is eventually declared the winner and withstands expected court challenges, would allow an elected board to declare eminent domain and buy PG&E's electric distribution system, for what the utility fears would be pennies on the dollar.

Proponents of the measure pointed to Los Angeles, where the Department of Water and Power not only kept the lights on during the worst of the California power crunch when rolling blackouts plagued much of the state but had power to spare, selling it to California at market prices.

There is a difference. The LADWP owns its own generation, with a healthy reserve capacity. San Francisco owns only three dams on the Hetch Hetchy water system. They have a maximum capacity of 334.5 megawatts, about a third of San Francisco's standard load, and have that power only when there is plenty of water in the rivers of the Sierra Nevadas.

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