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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

AEP Ohio Issues RFP for 400 MW of Solar Electric Generating Capacity

LCG, October 20, 2017--AEP Ohio, an American Electric Power (AEP) company, Tuesday issued a Request for Proposals (RFP) for up to 400 MW of solar energy resources in Ohio. Proposals are due December 18, 2017. The target date for the start of commercial operation for the solar resources is December 31, 2021.

AEP Ohio committed to pursue the development of 400 MW of solar and 500 MW wind generation resources in an agreement approved by the Public Utilities Commission of Ohio (PUCO) in 2016. AEP Ohio or AEP affiliates will have the right to own up to 50% of such projects on an aggregate net basis. The renewable energy projects must be approved by the PUCO.

Proposals will be evaluated based on criteria outlined in the RFP, including preference given to sites that are located in Appalachian Ohio, create permanent manufacturing jobs in the region and commit to hiring Ohio military veterans.

The minimum nameplate bid size for this RFP is 50 MW. Bidders may aggregate multiple sites in a single Proposal (with a single Bid Price) in order to satisfy the minimum bid size, provided that the minimum size for any site in an aggregation group is 10 MW. The Renewable Energy Purchase Agreement (REPA) will have a 20-year term.

AEP Ohio customers currently receive renewable generation service through long-term power purchase agreements (PPAs) with the 10 MW Wyandot Solar Farm and the 100-MW Fowler Ridge and 99-MW Timber Road wind farms.
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