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NRC Renews Operating Licenses for Constellation's Nuclear Reactors at Clinton and Dresden Facilities

LCG, December 16, 2025--The Nuclear Regulatory Commission (NRC) announced today that it has renewed the operating licenses of Constellation LLC’s Clinton Unit 1 in Clinton, Illinois, and Dresden Units 2 and 3, near Morris, Illinois, for an additional 20 years beyond the current expiration dates. The combined capacity of these three, Illinois-based nuclear units is 2,925 MW, and the operating license extension will enable the units to generate carbon-free power through about 2050.

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ERCOT Announces Organizational Changes to Promote Grid Reliability, Rapid Demand Growth, and Innovation

LCG, December 12, 2025--Today, the Electric Reliability Council of Texas, Inc. (ERCOT) announced strategic organizational changes designed to accelerate innovation, strengthen grid reliability, and support the unprecedented growth in the demand for electricity across Texas. To meet these objectives, ERCOT created two new organizations: Interconnection and Grid Analysis, and Enterprise Data and Artificial Intelligence (AI). The two organizations will formally launch in January 2026.

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Industry News

Maharashtra State Pays Enron India $17 Million

LCG, Feb. 13, 2001Enron Corp. managed to extract yesterday from India's Maharashtra state payment for the state's electricity board's November bill, a sum of $17 million, the United News of India reported.

It was a grueling, three-step process. First, Enron India asked the Maharashtra State Electricity Board, a government-owned utility, to pay for November's power purchased from Dabhol Power Co., a power plant of which Enron owns 65 percent and the MSEB 15 percent. That didn't work.

Then, Enron invoked the guarantee of the state of Maharashtra. The state ignored the company's petition.

Finally, Enron invoked the sovereign guarantee of the federal government of India. That got some attention. New Delhi didn't want to pay the bill, which would set a bad precedent, so it leaned on the state of Maharashtra to force its electricity board to pay up.

Officials of Maharashtra's state government know well that the MSEB can't pay its bills, so the state was forced to step in and pay Enron the $17 million.

That's pretty much how it worked for October's bill, too, and will likely work for December's which is past due and January's which is still current.

The Indian government has made no secret of its desire to attract foreign investment to its power sector. It is also no secret that four major companies, firms with less patience than Enron, have pulled out of power projects in India.

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