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

Power Plant Decision Delayed in Oklahoma

LCG, Aug. 13, 2003--A Oklahoma Corporation Commission vote that was to have taken place this Monday on a proposed cogeneration plant was delayed by the commissioners, who will hear further testimony about the possible economic merits of the independent power station.

At issue is whether utility American Electric Power-Public Service Co. of Oklahoma can make purchases under contract from the plant less expensively than it can buy power from the market and generate from its own resources. The utility has come down strongly against the plant, while its figures are disputed by the legal counsel for plant developer Energetix Co., Deborah Thompson.

The town of Lawton, where the proposed natural gas-fired plant would be built, does not have strong transmission ties to the northeastern part of Oklahoma, where much of the utility's generators produce power, according to Court Newkirk, the economic development director of the Lawton Chamber of Commerce. Newkirk says that growth in the town is increasing the need for power.

Under the Public Utility Regulatory Policy Act, a utility such as AEP-PSO is required to obtain power from independent generators when the cost is lower than that of self-supply. The utility's management, which would need to purchase 7 percent of its requirements from the Lawton plant if it were built, bases its argument on projections of natural gas prices, while Energetix bases its cost comparison on what is says are the utility's actual generation costs.
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