NRC Issues Early Site Permit to Tennessee Valley Authority for SMRs at Clinch River Site

LCG, December 27, 2019--The Nuclear Regulatory Commission (NRC) announced on December 17 that the Commission has authorized the issuance of an Early Site Permit (ESP) for Tennessee Valley Authority's (TVA's) Clinch River site near Oak Ridge, Tennessee. The ESP closes several site-related issues, including many environmental impacts, for small modular reactors (SMRs) at the site. The ESP is the first issued by the NRC for SMRs and will be valid for up to 20 years from date of issuance.

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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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Industry News

LG Electronics Suspends Conergy Solar Joint-Venture Plans

LCG, November 13, 2008--LG Electronics (LG) announced late last week that it has discontinued discussions with Germany's Conergy AG (Conergy) regarding the creation of a joint venture for solar cell manufacturing due to current global financial uncertainty and differences in strategic directions. LG stated it will continue to explore opportunities in solar photovoltaic cell and module manufacturing.

LG and Conergy announced September 11 that they had executed a non-binding, Memorandum of Understanding (MOU) to form a joint venture in the solar module manufacturing business. LG was to have purchased a 75 percent stake in Conergy's solar module plant in Frankfurt, with Conergy retaining the remainder.

In October, LG announced that it plans to convert its A1 plasma panel-manufacturing line in Gumi, Korea, into two, crystalline silicon solar cell production lines. The first production line is scheduled to commence production in early 2010, with a second line entering production a year later.
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