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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

Western Electricity Investigation to Conclude by February

LCG, September 5, 2002-The Federal Energy Regulatory Commission has announced it expects to finish its inquiry into the energy crisis of 2000/2001 by February 2003.

At a Lehman Brothers conference yesterday, FERC Chairman Patrick Wood asserted that evidence gathering would ideally be completed by the end of December and definitely by February of next year. Companies found innocent of market manipulation will be publicly cleared as part of an effort to restore investor trust. A final report on the investigation will aim to give direction to a new and, it is hoped, financially sound, wholesale electricity market.

Wood touched upon other topics at the conference as well, including the establishing of FERC's standard market design and the creation of new liquified natural gas pipelines from northern areas like Alaska.

He admitted that FERC did not do its part to prevent the crisis, but he was positive about FERC's ability to create a market resistant to a repeat performance of that which occurred last year.

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