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EPA Issues Class VI Well Permits to ExxonMobil for Carbon Capture and Storage Project in Texas

LCG, October 21, 2025--The U.S. Environmental Protection Agency (EPA) today issued three final Underground Injection Control (UIC) Class VI permits to ExxonMobil for their Rose Carbon Capture and Storage (CCS) Project located in Jefferson County, Texas. Under the Safe Drinking Water Act, these permits allow ExxonMobil to convert three existing test wells permitted by the state to carbon dioxide (CO2) storage injection wells for long-term storage.

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Holtec Receives New Nuclear Fuel at Palisades for Planned Restart

LCG, October 20, 2025--Holtec International announced today that the Palisades Nuclear Power Plant site in Michigan has received new nuclear fuel – 68 assemblies in total – that achieves a major milestone on the path to restarting the plant. The 800-MW facility was shutdown and decommissioned in 2022 due primarily for economic reasons; however, Holtec is progressing towards restarting the original unit by the end of this year, pending all necessary federal regulatory reviews and approvals. Achieving a successful restart of a shutdown nuclear unit will be a historic first for the nuclear industry.

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Industry News

FERC Spells Out Rules for For-Profit Grid Companies

LCG, Apr. 25, 2002--The Federal Energy Regulatory Commission yesterday issued further details on the abilities and obligations of for-profit independent transmission companies, or ITC's, with specific directions for the Alliance, a group of utilities that had hoped to form a for-profit regional transmission organization (RTO).

In the fall of 2001, the FERC had denied the Alliance companies, located in the Midwest, their objective of qualifying for RTO status. The FERC upheld that decision, intended to prevent grid management from granting transmission access favoring the utilities' own transactions, as occurred during the pre-1996 era of vertical integration.

The Alliance, which includes American Electric Power Co. (AEP), Exelon Corp., Commonwealth Edison Co., FirstEnergy Corp., Ameren, DPL Inc., Dynegy's Illinois Power Co., and Dominion Resources, was given 30 days in which to commit to joining either the Pennsylvania-Jersey-Maryland Interconnection (PJM) or the Midwest Independent System Operator (MISO). There have been initial agreements between the PJM and MISO, both of which have filed RTO compliance reports on their own, on forming a unified market.

In a separate order, the nascent independent transmission company TRANSLink Transmission Co. LLP, started by Alliant Energy, Xcel Energy and Berkshire Hathaway, as well as public utilities Nebraska Public Power District, Omaha Public Power District and Corn Belt Power Cooperative, was told to post available transmission capacity on the MISO's website, rather than its own. The order would promote "one-stop shopping," according to FERC Chairman Pat Wood III.

Democrat william Massey, who supports nonprofit RTO's over for-profit RTO's said that ITC's, if allowed by FERC, can "properly harness the profit incentive" to realize a non-discriminatory, efficient transmission grid. Commissioner Linda Key Breathitt expressed concern that ITC's might be stifled by the FERC's support for non-profit RTO's.
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