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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

Ontario Freezes Rates For Four Years

LCG, November 13, 2002--The Canadian province of Ontario will experience a retail electric rate freeze for the next four years, with the ruling Progressive Conservative hoping to temper negative reactions to increases of nearly 50 percent for some users.

While halting a trend that has frustrated business owners and residents, the move, six months into the beginning of deregulation in the province, was seen by some as increasing other risks. "It would be positively hazardous for anyone to lay down their cash here in any form of long-term investment," Tom Adams, the executive director of a Toronto consulting company, told the New York Times.

The decision, which the energy minister John Baird said was needed to "smooth out the bumps to a competitive market," will also result in refunds of about 75 Canadian dollars ($47.79 US) to small customers. Distribution companies at the local level will not be allowed further increases in charges for delivery.

A major feature of deregulation has been the breakup of the traditional, vertically integrated utility, Ontario Hydro, which has had generating plants transferred to Ontario Power Generation, a new entity which is also owned by the government. The proportion of generation it controls in the province is to be reduced gradually, to no more than 35 percent by 2012. It is hoped this will attract a broader array of market participants. Meanwhile, Hydro One was created in order to take responsibility for transmission. Ontario has had unexpected delays in bringing nuclear generators back on line, increasing its power purchasing costs.

Sithe Energies, a merchant developer, had been considering building plants outside Toronto, but has backed out recently. Speaking of his company's perspective on the environment for investment in Ontario, Duane Cramer, a Sithe vice president, told a conference in October, "It is important to recognize that the world in which we operate is much different than the world in which the Ontario market was created."
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