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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

Cuba Limits Power Use

LCG, May 28, 2002--The Cuban government has required state-run power users to cut their electricity use by 10 percent.

Cuba produces about 65,000 bpd worth of oil and natural gas. An additional 53,000 bpd Venezuelan crude oil is no longer being delivered to Cuba because the struggling island has not paid for some past shipments, forcing the country to pay more for imported oil.

Havana will probably pay 15 percent more for oil from other sources, according to a Reuters interview with a Cuban diplomat.
Since Cuba defaulted on credit payments, Spain, France, Italy, and Japan have stopped allowing trade credits to the country.

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