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Xcel Energy, EVRAZ North America and Lightsource BP Announce 250-MW Solar Project in Colorado

LCG, October 1, 2019--Xcel Energy, EVRAZ North America and Lightsource BP announced Friday that they have reached a long-term agreement to develop a 240-MW solar facility in Colorado. Lightsource BP will finance, build, own and operate the Bighorn Solar project and sell all the electricity it generates to Xcel Energy under a long-term power purchase agreement (PPA). The project will be built on EVRAZ Rocky Mountain Steel property in Pueblo, making it the largest on-site solar facility dedicated to a single customer in the country.

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Duke Energy Plans to Pursue Second Nuclear Operating License Renewals for Nuclear Fleet

LCG, September 20, 2019--Duke Energy announced yesterday that it will seek to renew the operating licenses of the 11 reactors it operates at six nuclear stations in the Carolinas for an additional 20 years. The company plans to submit the license renewal application for Oconee Nuclear Station in 2021, followed by its other nuclear stations.

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Industry News

Toshiba Signs EPC Contract for New Nuclear Reactors in Texas

LCG, February 26, 2009--Toshiba Corp. announced yesterday that it signed an engineering, procurement and construction (EPC) agreement for the addition of two nuclear units at the South Texas Project (STP), located about 90 miles southwest of Houston. The new units are scheduled to commence operations in 2016 and 2017.

The electric generating capacity of each new unit will be approximately 1,360 MW. The existing two units are pressurized water reactors, each with a capacity of 1,312 MW. The site and cooling reservoir were originally designed for four units, and the plans are for the new units to be built adjacent to the existing two units. South Texas Project Nuclear Operating Company (STPNOC), which currently operates units 1 and 2, will operate the new units.

A subsidiary of Toshiba, Toshiba America Nuclear Energy Corp., executed the EPC agreement with STPNOC, which will be responsible for management of the overall project. STPNOC acted as the agent for CPS Energy and Nuclear Innovation North America LLC (Nina), which was created in 2008 as an Advanced Boiling Water Reactor (ABWR) nuclear development company and is jointly owned by NRG Energy (NRG) and Toshiba. NRG owns 44 percent of STP, and CPS Energy and Austin Energy own 40 percent and 16 percent, respectively.

In November 2007, the Nuclear Regulatory Commission (NRC) accepted for review the Combined Construction and Operating License (COL) Application submitted by NRG and STPNOC to construct and operate two nuclear reactors at the South Texas Project. The submittal employs the ABWR design, which was certified for use by the NRC in 1997.

Nina now plans to use the certified design, with some modifications to enhance safety and construction schedules, and to submit a revision to the original COL application. NRG stated that "the modest delay in licensing that is expected as a result of these revisions will be outweighed by the advantages the changes create in price and schedule certainty."
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