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Matrix Renewables Announces the Commissioning of Pleasant Valley Solar 1

LCG, April 15, 2025--Matrix Renewables announced today the successful commissioning of the Pleasant Valley Solar 1 power generation facility in Ada County, Idaho. The 200-MWac solar facility includes a Power Purchase Agreement (PPA) that was secured through negotiation with Meta and Idaho Power. Matrix Renewables states the facility is the largest operational solar facility in Idaho Power's system. Sundt Renewables, the Engineering, Procurement, and Construction (EPC) services provider, completed construction of the project on March 2nd.

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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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Industry News

TXU Gets Okay to Buy Britain's Norweb

LCG, Oct. TXU Corp. of the United States was given clearance this morning by British regulators to acquire a regional electric company in northern England in a deal that will make the Texas company the biggest electricity retailer in the United Kingdom.

An arrangement between TXU and the British firm United Utilities for the purchase of Norweb Energi, the regional power retailer, for about $450 million was announced in August. The deal will add about 2.2 million electricity and gas customers to the 3.4 million TXU has through its ownership of Eastern Energy.

Industry savants in Britain have long said that a customer base of 5 million was necessary for a company to be a major long-term player in the UK retail energy market, and TXU is first over the bar with 5.6 million. The company will also become the number two natural gas retailer behind British Gas.

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