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FirstEnergy Solutions Files Certification Letter with NRC Affirming Plan to Close Nearly 4,050 MW of Nuclear Generating Facilities

LCG, April 26, 2018--FirstEnergy Solutions (FES), a competitive generation subsidiary of FirstEnergy Corp., yesterday announced that it has filed a Certification Letter with the Nuclear Regulatory Commission (NRC) formally notifying the Commission of its decision to permanently deactivate its nuclear power plants over the next three years, citing "severe economic challenges." When the closures are combined, the reduction will total 4,048 MW of carbon-free, electric generating capacity. In 2017, the nuclear units contributed approximately 65 percent of the electricity produced by the FES generating fleet.

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Alliant Energy to Install More Wind Farms in Iowa

LCG, April 19, 2018--Alliant Energy's Iowa utility subsidiary, Interstate Power and Light Company (IPL), received approval to increase its wind expansion program from the Iowa Utilities Board (IUB). Through this expansion, combined with existing wind farms and market purchases, the company expects wind to provide approximately one-third of its total electric generating capacity in Iowa by the end of 2020.

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Industry News

NRC Extends Operating License for Entergy's Vermont Yankee Nuclear Plant

LCG, March 23, 2011--The U.S. Nuclear Regulatory Commission (NRC) issued on Monday a 20-year license extension to the Vermont Yankee nuclear plant, a 605-MW, nuclear reactor that is owned and operated by Entergy Corp. The existing operating license is scheduled to expire in March 2012.

Entergy's ability to extend the operating life of the plant remains somewhat uncertain, as Entergy apparently agreed to seek state approval to extend the life of the plant when the facility was acquired. Last year, the Vermont Senate voted against relicensing, and the new Governor (and former Senate pro tem) of Vermont is opposed to relicensing.

The recent earthquake, tsunami, and related challenges to control nuclear plant operations in Japan have elevated the concerns. A Vermont representative stated, "The radioactive release in Japan is the result of inundation by water.... We may be a seismically inactive area but we do face the power of water if nature decides to inundate the Vermont Yankee plant. Is it-- and the emergency support systems around it-- up to the task of protecting the people of Vermont?"
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