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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

FERC Judge Rules in Favor of PG&E Utility

LCG, September 3, 2002Federal Judge Vaughn Walker ruled late Friday that California utility Pacific Gas & Electric can circumvent state laws in order to recover from bankruptcy.

PG&E utility declared bankruptcy last year after high wholesale electricity prices and retail price caps left the utility financially unsound.

The utility came up with a plan to spread its assets to four companies, three of which would fall out of the jurisdiction of state regulators even though the assets were paid for with public money.

The U.S. District judge ruled that the utility could create the three companies without state approval and without environmental evaluation.

The California Public Utilities Commission, which opposes the utilitys plan, will appeal the decision, fearing that other companies may take advantage of the ruling to evade state regulation.

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