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FERC and NERC Issue Joint Report on System Performance During the January 2025 Arctic Weather

LCG, April 17, 2025--The Federal Energy Regulatory Commission (FERC), the North American Electric Reliability Corporation (NERC), and its Regional Entities today issued a joint staff report concluding that the nation’s Bulk-Power System (BPS) "performed well during successive cold weather events in January 2025, without major issues in either the natural gas or electric systems."

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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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Industry News

Entergy to Contest AmerGen for Vermont Yankee

LCG, Nov. 29, 2000--Entergy Corp. has asked the Vermont Public Service Board to entertain a new bid for the 510 megawatt Vermont Yankee nuclear power plant, despite a prior agreement that would allow AmerGen Energy Co. to purchase the facility.

Rob Williams, a spokesman for Vermont Yankee Power Corp. which operates the plant, said his company couldn't act "in good faith" on any Entergy offer because "We have a signed agreement with AmerGen."

Entergy Nuclear said in a letter late Monday it had been following the Vermont Yankee hearing "with great interest" and want to make an improved offer over its bid which lost out to AmerGen's $23.5 million offer in October 1999.

When Entergy and AmerGen began buying used nuclear power plants they could be had for the value of fuel on hand, but the recent acquisition by Entergy of the Indian Point 3 and FitzPatrick plants from the New York Power Authority has raised the ante.

AmerGen saw Entergy's most recent move coming and last week more than tripled its offer for Vermont Yankee to more than $93 million. The Public Service Board, which has not yet ratified AmerGen's deal with Vermont Yankee Power corp., said it wanted only to get the best deal for the people of Vermont.

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