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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 May Raise Energy Market Admin Fees

LCG, August 21, 2002-Ercot may raise wholesale power market fees by as much as 90 percent.

The Electric Reliability Council of Texas is considering increasing the fees applied to market players. The current administration cost is 22 cents per megawatt-hour, but this may be raised between 36 and 90 percent, according to Ercot chief executive Tom Noel.

The revenue from the fee increase would be dispensed to some 100 market improvement endeavors such as improved transparency. The projects will cost an estimated $100 million and would involve a 42 cent per megawatt-hour fee.

October will see more a more serious move to change in the Texas market as the Ercot board will vote on its budget and may also make changes to board seats, possibly adding members from outside of the Texas market.

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