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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

Canadian Oil and Gas Firms to Merge

LCG, Jan. 28, 2002--A merger deal has been struck by PanCanadian Energy and Alberta Energy, and the resulting entity, EnCana Corp., will rank among the world's largest independent oil and gas exploration and production companies.

The agreement is worth over C$21.4 billion ($13.3 billion), transacted completely through a stock swap. Alberta Energy investors will receive 1.472 shares of PanCanadian Energy for each share they own. Cost savings relating to exploration and production costs are estimated at C$250 million ($155 million).

EnCana Corp.'s president and CEO will be Gwyn Morgan, who now holds those positions at Alberta Energy, while the company's chairman will be PanCanadian's chairman David O'Brien. O'Brien said in a statement, "we have decided to come together as equals from positions of strength so that we can achieve a stronger future in this highly competitive marketplace."

Based upon proved reserves of natural gas and oil and gas liquids, the overall production target of EnCana will be 2.7 billion cubic feet of natural gas and 255,000 barrels of oil per day.

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