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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

Texas Employs New Disclosure Measures

LCG, May 28, 2002-The Texas Public Utilities Commission has decided to require more public disclosure in electricity trading and is holding discussions with energy companies.

The PUC is negotiating with energy traders, including American Electric Power, Mirant, Reliant Energy, Constellation Energy Group, and TXU, to recover $29 million that the PUC asserts was lost due to the manipulation of delivery schedules. A memo released Friday discusses the exploitive power schedules of two days last summer that may have resulted in the possible loss of the $29 million in question.

If no resolution is reached, the PUC may investigate market violations and employ sanctions.

The PUC staff has already been ordered to seek sanctions against Enron, which has not taken part in the talks and continues to withhold information.

Enron insists generation information about the two days and details about scheduled energy and energy requirements is confidential, but the PUC believes this information should be released and posted on the Internet.

Companies trading within the domain of the Electric Reliability Council of Texas must give the PUC an affidavit asserting that company regulations are in place preventing gaming and market manipulation.

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