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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

Conectiv Unit Sells Interests in Nukes

LCG, Oct. 19, 2001--Utility holding company Conectiv Inc. said yesterday that its Atlantic Electric Co. subsidiary had completed the sale of its ownership interests in three nuclear plants to PSEG Nuclear LLC and Exelon Generation Co. for a total of about $11.3 million, not counting fuel inventory.

With the sale of these interests, Atlantic Electric has completely exited the nuclear generation business.

  • A 7.51-percent, 164 megawatt, interest in the Peach Bottom Atomic Power Station Units 2 and 3 was sold in equal shares to co-owners PSEG Nuclear and Exelon, each of which, prior to the sale, owned about 46 percent of Peach Bottom. Exelon is the operator of that facility.

  • A 7.41-percent, 167 megawatt, interest in the Salem Nuclear Generation Station Units 1 and 2 was sold to PSEG Nuclear, an indirect subsidiary of Public Service Enterprise Group Inc. PSEG Nuclear is the operator of Salem and, prior to the sale, owned about 50 percent of that facility.

  • A 5.00-percent, 52 megawatt, interest in the Hope Creek Nuclear Generation Station Units 1 and 2 was sold to PSEG Nuclear. PSEG Nuclear is the operator of Hope Creek and, prior to the sale, owned 95 percent of that facility.

Conectiv said PSEG Nuclear and Exelon unit Peco Energy Co. have also assumed full responsibility for the ultimate decommissioning of Atlantic's interests in Peach Bottom, Salem and Hope Creek.

Thomas Shaw, chief executive of Conectiv, said "The sale represents another milestone in the execution of our focused business strategy. We have sold baseload nuclear and fossil fired power plants that do not fit our strategy and have made progress developing and building new, fast-response, mid-merit generation units that can meet the region's need for power."

"Mid-merit" plants are quick-starting peaking units -- usually natural gas-fueled combustion turbines -- the are fired up during periods of peak demand, when electricity prices are at their highest.

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