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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

PPL Montana Announces Decision to Mothball Corette Coal Plant

LCG, September 20, 2012--PPL Montana, a subsidiary of PPL Corp., announced yesterday its decision to place the J.E. Corette power plant in Billings, Montana into long-term reserve status beginning in April 2015, when the Environmental Protection Agency's Mercury and Air Toxics Standards (MATS) regulations go into effect.

The PPL Montana vice president and chief operating officer stated, "Our detailed analysis has shown that to meet the emission reductions required by EPA's Mercury and Air Toxics Standards, we would need to invest $38 million in the Corette plant. We simply cannot justify that level of spending in the current wholesale power market in the Northwest."

Power market economics also influenced the decision. According to the press release, wholesale power prices have been depressed in the Northwest because of declining electricity use and an abundance of new wind energy projects subsidized by federal production tax credits.

By placing the 154-MW coal plant into long-term reserve status (i.e., mothballing the plant), PPL Montana will retain the option to return the plant to service, given the right conditions. The plant commenced commercial operations in 1968 and consumes low-sulfur coal from the Powder River Basin.
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