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

Neptune Undersea Cable from PJM to Long Island Activated

LCG, July 3, 2007--The Neptune Regional Transmission System, LLC announced yesterday that it has completed extensive testing and activated a new, high voltage direct current (HVDC) transmission line between Sayreville, New Jersey, and Long Island, New York. The cable provides the Long Island Power Authority (LIPA) access to receive additional electricity from PJM to manage power costs and improve reliability.

The completion of the Neptune project allows 660 MW at a DC voltage of 500 kV to flow via an HVDC cable, with 51 miles of the cable underwater and 14 miles under land. Electricity from the PJM grid is converted from AC to DC power at the Sayerville converter station. The energy is transmitted to the Duffy Avenue converter station on Long Island, where the power is converted back to AC power for distribution across Long Island.

The estimated cost of the Neptune project is $600 million. Neptune Regional Transmission System LLC, the owner and operator of the transmission system, will place the system at the control of LIPA.

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