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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

RUS Approves Loan Guarantee for Seminole Electric Peaking Plants

LCG, October 7, 2004--Seminole Electric Cooperative, Inc. (SECI) announced that it received approval from the Rural Utilities Service (RUS) of the U.S. Department of Agriculture (USDA) for a $136.474 million loan guarantee to finance the expansion of Seminole's Payne Creek Generating Station.

The existing, 500-MW Payne Creek Generating Station is located in Hardee County, Florida and began commercial operations on January 1, 2002. The initial configuration consisted of two, natural gas-fueled combustion turbines in combination with a steam turbine generator that uses heat recovered from the turbines' exhaust.

Seminole now plans to install five, 62-MW Pratt & Whitney combustion turbines to provide an additional 310 MW of peaking capacity. Construction is planned to begin in February 2006, with operation commencing December 2006. The new units will be fueled by natural gas, with the ability to switch to low sulfur diesel fuel if desired for reliability or economic reasons. The Station is connected to both the Florida Gas Transmission and Gulfstream Natural Gas System pipelines.

The site is owned by an SECI subsidiary and also contains the Hardee Power Station, which was originally owned by TECO Power Services Corporation. The Hardee Power Station, with a combined capacity of 370 MW, is now owned by Invenergy, LLC. The two existing stations share some of the infrastructure at the site.

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