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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

First Solar Sells 139-MW Campo Verde Solar Project to Southern

LCG, April 24, 2013--First Solar, Inc. announced yesterday the sale of the Campo Verde Solar Project to Southern Power (a subsidiary of Southern Company) and Turner Renewable Energy. The acquisition is the fifth by the Southern Power-Turner Renewable Energy partnership.

The Campo Verde Solar Project is a 139-MW project, located on a 1,443-acre site in Imperial County, California. The project will employ First Solar's thin-film, photovoltaic (PV) modules. Under the terms of the agreement, First Solar will construct the project and then operate and maintain the facility for ten years. Construction of the project commenced last December, and commercial operation is scheduled to begin this fall.

The power output from the project will be purchased under a 20-year agreement by San Diego Gas & Electric Company (SDG&E), a subsidiary of Sempra Energy.

Southern Company Chairman, President and CEO stated, "By acquiring the Campo Verde Solar Project ? our largest solar installation to date ? we're more than doubling our solar capacity and increasing the diversity of our generation fleet."

California's Renewables Portfolio Standard (RPS) requires investor-owned utilities, publicly owned utilities, electric service providers and community choice aggregators to increase procurement from eligible renewable energy resources, like the Campo Verde Solar Project, to 33 percent of retail sales by the end of 2020.
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