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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

California PUC Rules Against PG&E Rate Proposal

LCG, Apr. 5, 2002--A ruling by the California Public Utilities Commission on Thursday will allow utilities Pacific Gas & Electric to realize cost-of-service rates for power supplied to customers from its nuclear and hydroelectric plants and numerous long-term contracts, well below rates that had been suggested by PG&E as part of its bankruptcy restructuring proposal.

The overall amount expected to be collected from Pacific Gas & Electric customers this year is $2.9 billion, while San Diego Gas & Electric will recover approximately $466 million. Paul Clanon, who heads the PUC's energy division, noted that Pacific Gas & Electric would have received $716 million more under its proposal for emerging from bankruptcy. The average cost of PG&E-supplied energy according to Thursday's ruling will be $2.8 cents per kilowatt-hour, whereas PG&E's proposal called for charges of 5 cents per kilowatt-hour over 12 years, to be followed by market-based prices.

In the opinion of Nettie Hoge, head of The Utility Reform Network, "it just highlights exactly for us why 'cost of service' is more beneficial, and how absolutely rapacious the PG&E bankruptcy plan is." PG&E said it would need more time to consider the full impact of the ruling, but PG&E spokesman John Nelson told the Sacramento Bee that the decision was "part of the piecemeal approach to rate-making that the commission has been taking -- or talking about -- for the last year."

PG&E will have further chances to submit market-based rate proposals for future years.
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