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

Calpine Buys Out Bechtel in NorCal Projects

LCG, Nov. 7, 2001--Calpine Corp. said yesterday it has acquired the 50 percent interest of partner Bechtel Enterprises in three power plant projects in the San Francisco Bay Area. Calpine paid $154 million in cash and assumed about $141 million in cash to add a little more than 1,000 megawatts of owned generation.

That power isn't ready for delivery as yet. The three projects are:

  • The 880 megawatt Delta Energy Center in Pittsburg, in the northeast Bay Area near the mouth of the Sacramento River. The plant is under construction and is expected to begin commercial operation next spring.

  • The 600 megawatt Metcalf Energy Center in south San Jose. The project was recently licensed by the California Energy Commission and is expected to be in operation by the end of 2003.

  • The 600 megawatt Russell City Energy Center in Hayward, across the bay from Palo Alto. The project is under development and is currently being considered for licensing by the Energy Commission. If approved, Calpine hopes to have the plant on-line by the summer of 2004.

"Calpine intends to have 12,000 megawatts of clean, efficient generating capacity on line in the California market within the next five years," according to Rick Thomas, vice president for finance and development. "Today, our California portfolio includes approximately 9,800 megawatts of natural gas-fired and geothermal facilities in operation, under construction and in announced development."

Bechtel isn't getting out of the power business in which it has played a major role since the mid-1940s. Doug Brown, vice president and manager of power development said "We intend to continue to play an active role in the California power generation market, by investing in the state's energy infrastructure, and helping them meet their growing energy and fuel supply needs."

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