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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

AmerGen Loses Bid for Vermont Yankee Nuke

LCG, Feb. 16, 2001The Vermont Public Service Board has rejected the latest offer by AmerGen Energy Co. to purchase the 510 Vermont Yankee nuclear power plant near Brattleboro, Vt., saying the company's offer for the facility did "not reflect the fair market value of Vermont Yankee and thus cannot, as a matter of law, be found to promote the general good."

The plant's operator, Vermont Yankee Nuclear Corp., said yesterday it wants to work with state regulators to sell the plant at auction, in light of the high prices paid for other nuclear plants in the Northeast.

AmerGen's most recent offer for Vermont Yankee was about $51.5 million, but Millstone in Connecticut recently sold for $1.2 billion, Nine Mile Point in New York for $1.0 billion, Fitzpatrick and Indian Point 3, also in New York, for $1.0 billion and Indian Point 2 in New York for $602 million.

On top of that, the operators say, the 29-year-old plant is running better than ever. In 2000, they said, Vermont Yankee produced 4.5 billion kilowatt-hours of electricity at an average cost of 3.9 cents per kilowatt-hour. That amount of power production would give the plant a capacity factor in excess of 100 percent.

The owners of Vermont Yankee are Central Vermont Power Co. (30 percent), National Grid Group Plc (21 percent), Green Mountain Power Co. (17 percent), Northeast Utilities (14 percent), the Vermont Group (7 percent), other municipal and co-ops (5 percent), Central Maine Power Co. (4 percent) and Cambridge Electric Light Co. (2 percent).

Vermont Yankee provides about a third of the power used in the state of Vermont.

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