AEP to Accelerate Closure of Conesville Plant in Ohio

LCG, October 11, 2018--American Electric Power (AEP) announced plans to retire its coal-fired Conesville electric generating facility in Ohio by May 31, 2020, two years ahead of the previously planned schedule.

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CPV Valley Energy Center Commences Commercial Operation in New York

LCG, October 3, 2018--Competitive Power Ventures (CPV) Monday announced that the 680-MW CPV Valley Energy Center in Wawayanda, New York has achieved commercial operation. The new, gas-fired electric generating facility uses the Siemens F-class gas turbine technology. The project was managed by Competitive Power Ventures, Inc., and it was constructed by a joint venture consisting of Skanska USA Civil Northeast, Inc., Burns & McDonnell Engineering Company, Inc. and ECCO III Enterprises, Inc.

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Industry News

Duke Energy Carolinas Files IRP

LCG, September 6, 2018--Duke Energy Carolinas excluded new nuclear construction in its recently filed Integrated Resource Plan (IRP), which includes its 15-year plan for new power generation.

For many years, expansion of nuclear generation has been a normal part of Duke's solution to meeting long-term electric supply needs. However, new nuclear reactors are not part of the new IRP. However, new nuclear projects remain a possibility for the future. Duke continues to monitor developments in advanced nuclear reactors and small modular reactors (SMRs).

Duke does plan to pursue receiving license extensions for its existing nuclear assets, which total 7,400 MW of capacity. The Nuclear Regulatory Commission (NRC) has historically issued 40-year licenses for the initial reactor operating period, with 20-year extensions available to units that qualify. All of Duke's nuclear units have received the first, 20-year extensions, which allow for a 60-year life. The next step a number of companies, including Duke, are considering with the NRC is to extend the licenses for another 20 years, or a total of 80 years. If the existing carbon-free nuclear plants can receive an additional 20 years of operations, then there will be significant benefits with respect to limiting carbon emissions.
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