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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

Rate Cap Would Kill Us, Puget Sound Energy Says

LCG, Jan. 30, 2001--Puget Sound Energy, the utility subsidiary of Puget Energy Inc. of Washington State, said yesterday that a proposal by state regulators to cap electric rates for some large industrial customers would jeopardize its ability to pay for power and natural gas for all of its customers.

Richard L. Hawley, the utility's chief financial officer, yesterday told a hearing of the Washington Utilities and Transportation Commission "This (proposed) rate cap puts in jeopardy PSE's ability to meet its financial obligations and, consequently, its public service obligation to customers."

Hawley called the proposed rate cap a "subsidy to industrial customers" and said it, added to a tightening of credit resulting from the problems of California utilities, "would result in PSE simply not having access to the money it needs to continue to provide services."

Hawley pointed out that "California has been a textbook example of what happens when a utility's financial health is ruined.Service to customers is threatened because loss of utility credit ratings makes it impossible to findmoney to pay for the energy required to keep the lights on and homes warm."

Puget Sound Energy said it had offered the commission an alternative proposal that would let its big industrial customers individually negotiate with power suppliers over the price of their electricity and the length of a supply contract. The utility would facilitate the agreement and deliver the power.

"This is the solution that should be acted upon," Hawley told the regulators.

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