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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

Romania to Privatize Power

LCG, May 16, 2002-The Romanian government intends to sell electricity distribution.

Romanian power distributors, responsible for western and southeastern areas, will most likely be sold this year and are estimated to be worth between $170 and $280 million.

The Swiss company ABB Ltd. is looking for partners to privatize the distributors. Also German companies E.On AG and RWE AG, as well as Spanish company Union Fenosa SA, are interested in the privatization of Romania's power.

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