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Duke Energy Seeks to Extend Operating License for Robinson Nuclear Plant

LCG, April 9, 2025--Duke Energy announced yesterday its submission of a subsequent license renewal (SLR) application to the U.S. Nuclear Regulatory Commission (NRC) for the Robinson Nuclear Plant, a 759-MW nuclear unit located near Hartsville, South Carolina. The application requests extending the plant's operations for an additional 20 years.

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Gemma Power Systems Receives Notice to Proceed on a 1.2-GW Power Project in Texas

LCG, April 8, 2025--Gemma Power Systems (“Gemma”), a wholly owned subsidiary of Argan, Inc. (“Argan”), has received a notice to proceed on its previously announced engineering, procurement and construction (“EPC”) services contract with Sandow Lakes Energy Company, LLC (“SLEC”) for a 1.2-GW power plant in Lee County, Texas. Construction of the natural gas-fired, combined cycle facility is scheduled to commence this summer, with an expected project completion date in 2028

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Industry News

Reuters Ranks Big Power Companies Worldwide

LCG, April 11, 2001When Germany's Eon announced its planned takeover of Britain's Powergen earlier this week, it said it would create the world's largest investor-owned electricity and gas utility when measured by market value.

Market value depends on the current trading price of a company's stock, so Reuters decided to rank the top dozen by sales of power, measured in megawatt-hours, and threw in government-owned utilities as well.

Here is Reuters' top twelve:

  1. RAO-UES of Russia (government-owned)
  2. Electricit de France (government-owned)
  3. Eon plus Powergen
  4. Tokyo Electric Power Co.
  5. Enel of Italy (government-owned)
  6. American Electric Power Co. Inc.
  7. RWE of Germany
  8. The Southern Co. of the U.S.
  9. TXU Corp. of the U.S.
  10. Endesa of Spain
  11. Electrobras of Brazil (government-owned)
  12. Scottish Power
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