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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

Pennsylvania Dereg Savings Evaporate

LCG, April 17, 2001When Pennsylvania deregulated its electric industry, success was measured in part by the numbers of customers who switched to new sources of power, and saved money in the process. And many customers switched, including about 100,000 householders who left Duquesne Light Co. and began buying electricity from Allegheny Energy Supply.

According to a story in this morning's Pittsburgh Post-Gazette, Allegheny Energy has begun notifying those 100,000 residential customers that it is raising rates to 4.89 cents per kilowatt-hour, up from the 3.95 cents to 4.60 cents it charged when they switched.

The new prices, which go into effect next month, will be the same prices that Duquesne Light's energy supplier, Orion Holdings, charges customers who did not switch to an alternative electricity supplier, the paper said.

Allegheny Energy spokeswoman Janice Lantz blamed the price increase on soaring wholesale power prices throughout the country. "Deregulation is on hold," she said, adding that the benefits derived from it could re-appear if wholesale prices moderate.

Those Allegheny Energy Supply customers who decide to remain with the company instead of returning to Duquesne will pay the 4.89 cents rate through February 2002, after which the rate is expected to rise to 5.61 cents a kilowatt hour -- slightly below what Duquesne is expected to charge, the Post-Gazette said.

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