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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

Army Corps Issues Permit for Cape Wind Project

LCG, January 7, 2011--The U.S. Army Corps of Engineers made its determination Wednesday to issue a Corps permit for the Cape Wind, LLC wind energy facility proposal to install wind turbines in Nantucket Sound, Massachusetts. The project developer has pursued government approval since 2001 and completed State and local permitting in 2009.

The 468-MW, Cape Wind Project will include 130, 3.6-MW wind turbines and will connect to the power grid via a 66.5-mile, buried submarine transmission cable system. Cape Wind, LLC has contracted with Siemens for the wind turbines, and Siemens may help finance the construction of the project. A Siemens spokesperson recently stated, "We have been in discussions to help finance debt and equity....We'd be willing to be a part if it's required."

The project developer plans to commence construction by the end of 2011 and to start delivering power to the grid by early 2013.

The U.S. Environmental Protection Agency (EPA) must still issue a permit for air emissions during construction.
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