Amazon Announces Agreement with EDP Renewables for 100-MW Wind Farm Project

LCG, November 24, Inc. announced late last week that it has signed a Power Purchase Agreement (PPA) with EDP Renewables for the power generated by the the 100-MW Amazon Wind Farm US Central in Ohio. The project, located on the northwest border near Indiana, is scheduled to commence commercial operations in May 2017.

New York Requests NRC to Close Indian Point Nuclear Power Plant

LCG, November 19, 2015-The State of New York has requested the Nuclear Regulatory Commission (NRC) to, on an expedited basis, deny the application for relicensing of the Indian Point Energy Center in New York. The New York Governor's director of state operations stated that the nuclear energy facility is located within 20 miles of a major population center with over 20 million people, making it impossible to have an effective safety and evacuation plan. The NRC's Atomic Safety and Licensing Board began hearings Monday to address issues raised during the application process for the facility, which has an electric generating capacity of approximately 2,070 MW.

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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