News
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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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
California to Pay Fine for Ethics Violation
LCG, March 8, 2002-California's Department of Water Resources (DWR) admitted it did not require 52 energy consultants to reveal accounts and will incur a $69,500 fine.During last year's energy crisis, many DWR staff, hired at the last minute to help the state buy power, neglected to disclose information regarding energy deals, stock holdings and other energy investments. "In some of these instances, we had a delay in notifying the consultant of their obligation to file. Essentially, we were late," said DWR spokesman Oscar Hidalgo. In July last year Secretary of State Bill Jones charged that consultants bought power for California from companies in which they personally owned stock. Five were dismissed in August. Those who failed to give statements were more than 100 days late providing the required information. The DWR avoided paying the maximum fine of $260,000, which still pales in comparison with the $43 billion worth of contracts that California signed. Criminal investigation by Attorney General Bill Lockyer is ongoing.
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Generator X
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PowerMax
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