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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

Georgia Power Announces New Agreement to Receive Wind Power from Oklahoma

LCG, April 23, 2013--Georgia Power, a Southern Company subsidiary, announced yesterday that it entered into a 250-MW power purchase agreement (PPA) with EDP Renewables North America. The agreement provides for wind power generated from EDP's wind farms in southwest Oklahoma. The wind power is scheduled to commence delivery to Georgia Power on January 1, 2016.

"We are continuously evaluating energy options that provide the best overall economic value to our customers," said Paul Bowers, president and CEO of Georgia Power. "Adding wind energy to our generation mix underscores our commitment to a diverse portfolio that offers clean, safe, reliable, sustainable and low-cost electricity for years to come."

Georgia Power's affiliate, Alabama Power, previously executed a 20-year, PPA with TradeWind Energy for wind power from the 235-MW Chisholm View Wind Project in Oklahoma. That project was one of the first major wind projects to export power to the Southeast, and Alabama Power is now receiving power from the wind farm.
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