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.

Read more

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.

Read more

Industry News

Virginia State Corporation Commission Approves Dominion's Greensville Power Station

LCG, March 30, 2016--Dominion Virginia Power announced yesterday that the Virginia State Corporation Commission (SCC) approved the company's request for a Certificate of Public Convenience and Necessity (CPCN) to construct the Greensville Power Station, a 1,588-MW combined-cycle facility in Greensville County, Virginia. The natural gas-fired project is estimated to cost $1.3 billion. Construction is scheduled to begin this year, with operations to commence in 2019.

The CEO of Dominion Generation Group stated, "We are pleased that the SCC has granted approval for the Greensville Power Station. This project will ultimately bring low cost, reliable electricity to our customers while saving them $2 billion over the life of the plants' operation, in addition to providing a major economic impact and good paying jobs for Southside Virginia."

The electric generating facility plans include three Mitsubishi Hitachi Power Systems Americas, Inc. (MHPSA) M501J gas turbines, each of which has a power output of 327 MW. The turbines will be manufactured and assembled at MHPSA's Savannah Machinery Works in Georgia.

The gas-fired, Greensville Power Station is part of Dominion's plan to meet stricter new air quality and proposed carbon dioxide emissions standards while keeping pace with growing customer electricity demands.

The project will be built just a few miles from Dominion's Brunswick Power Station, a similar combined cycle project that commenced construction in May 2014. The 1,360-MW combined-cycle project, which includes three of MHPSA's M501GAC gas turbines (each with a capacity of 276 MW), is scheduled to be fully operational next month.
Copyright © 2019 LCG Consulting. All rights reserved. Terms and Copyright
Generator X
Generation and Transmission Planning and Optimization
The Locational Marginal Price Model (LMP) Network Power Model
Day Ahead and Real Time Market Simulation
Day-ahead and real-time portfolio revenue optimization
The Gas Procurement and Competitive Analysis System
Database of Plants, Loads, Assets, Transmission...
Annual summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service