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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

CA Governor Favors Settlement with El Paso Corp.

LCG, February 25, 2003Today Californias Governor Gray Davis said he would rather see a settlement than a ruling in a case regarding El Paso Corporations alleged manipulation of pipeline capacity.

The Federal Energy Regulatory Commission (FERC) is expected to issue a ruling by the end of March regarding whether or not the El Paso Corporation was at fault for the high cost of natural gas during the electricity crisis of 2000/2001. El Paso owns and allots natural gas pipeline capacity to those interested in shipping gas. California claims that the corporation limited shipping capacity at 79 percent from a period between November 2000 and March 2001, limiting supply and resulting in $3.3 billion in overcharging. This period showed high natural gas prices and high wholesale electricity prices. Many of the states power plants are fueled by natural gas, so inflated gas prices would have had a serious impact on the price of wholesale electricity during this time.

El Paso insists that it operated lawfully. California and El Paso are currently discussing settlement possibilities, according to Governor Davis.

Davis has, on more than one occasion, asserted his lack of faith in FERC to put forth a fair decision. Simultaneously, he is facing growing, bipartisan criticism in California on a number of issues including energy, and may even be subjected to a ballot measure intended to recall him as governor.

Meanwhile El Paso will sell its Mid-Continent natural gas reserves to Chesapeake Energy Corp. for $500 million and has gained liquidity through a new $1 billion financing deal. El Pasos Southern Natural Gas Co. and ANR Pipeline Co. are also being sold for $400 million and $300 million, respectively. The companys stock jumped by at least 13% this morning.

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