NRC considers transfer to Duke of minority interests in Crystal River 3 license

The U.S. Nuclear Regulatory Commission said in a notice to be published in the April 28 Federal Register that it has received an application filed by Duke Energy Florida (DEF) in November 2014 seeking NRC approval of the direct transfer of Facility Operating License DPR-72 for the retired Crystal River Unit 3 from eight minority co-owners to DEF.

The NRC is also considering amending the facility operating license for administrative purposes to reflect the proposed transfer. Comments must be filed within 30 days of the Federal Register notice.

DEF currently holds 91.78% ownership interest in Crystal River Unit 3. Following approval of the proposed direct transfer of control of the license, DEF would acquire the combined 6.52% interest in the facility held by the eight minority co-owners. The remaining 1.7%, which is not involved in this transfer, is held by Seminole Electric Cooperative.

The exiting eight co-owners are: City of Alachua (0.0779%); City of Bushnell (0.0388%); City of Gainesville (1.4079%); City of Kissimmee (0.6754%); City of Leesburg (0.8244%); City of New Smyrna Beach and Utilities Commission/City of New Smyrna Beach (0.5608%); City of Ocala (1.3333%); and the Orlando Utilities Commission and City of Orlando (1.6015%).

Crystal River Unit 3 has been shut since September 2009. In February 2013, DEF announced that it would be retired. DEF notified the NRC in February 2013 of the permanent cessation of power operations and that all fuel had been removed from the reactor.

About Barry Cassell 20414 Articles
Barry Cassell is Chief Analyst for GenerationHub covering coal and emission controls issues, projects and policy. He has covered the coal and power generation industry for more than 24 years, beginning in November 2011 at GenerationHub and prior to that as editor of SNL Energy’s Coal Report. He was formerly with Coal Outlook for 15 years as the publication’s editor and contributing writer, and prior to that he was editor of Coal & Synfuels Technology and associate editor of The Energy Report. He has a bachelor’s degree from Central Michigan University.