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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

Class Action Seeks Refunds from California Power Firms

LCG, Nov. 30, 2000--A class action suit, filed yesterday in San Diego Superior Court, claims that a baker's dozen electricity companies violated antitrust and consumer protection laws by manipulating prices in California's electric power market.

The suit, filed on behalf of San Diego Gas & Electric Co. customers, seeks class action status on behalf of all residential and business customers in California. If granted, the plaintiff lawyers would have a much larger pool of potential litigants to draw upon.

As filed, the suit seeks to recover initially at least $1 billion in alleged overpayments to SDG&E, a subsidiary of Sempra Energy Inc.

Lead lawyer in the suit is Leonard Simon, a veteran of class-action antitrust cases, who helped win a $1 billion settlement three years ago from Wall Street firms accused of inflating Nasdaq stock prices. Also involved is Michael Aguirre, who said court action is necessary because federal and state regulators have bungled the job.

In the lawyers' eyes, the Federal Energy Regulatory Commission bungled the job when its chairman, James Hoecker, said his agency lacked authority to order refunds.

Yesterday, Simon said he was confident he would be able to unearth evidence of collusion because he and his fellow class-action litigators are willing to take the time to dig deeper than bureaucrats. "It's going to take years," he said.

Mark Palmer, a spokesman for Enron Corp., a defendant in the case, said the lawsuit was without merit. "Three separate independent government regulatory agencies have investigated these allegations (of collusion) and found none to be true," he said.

Defendants named in the suit include: Duke Energy Trading and Marketing, a unit of Duke Energy Corp.; Dynegy Power Marketing Inc.; Enron Energy Services; Enron Power Marketing Inc.; Morgan Stanley Capital Group; NRG Energy Inc.; PG&E Energy Trading, a unit of PG&E Corp.; Reliant Energy Services, a unit of Reliant Energy Inc.; Sempra Energy Trading and Sempra Energy Resources, units of Sempra Energy Inc.; Southern Company Energy Marketing; Williams Energy Marketing and Trading; and Williams Energy Services Co.

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