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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

El Paso Corp. Settles for $20 Million over Reported Trades

LCG, March 27, 2003After a federal investigation, the electricity trading subsidiary of El Paso Corporation has agreed to pay $20 million.

El Paso Corp.s Merchant Energy will pay $10 million now and $10 million over a three years, according to the settlement made with the Commodity Futures Trading Commission. However, the corporation continues to deny that it participated in illegal activities.

El Paso first allegedly discovered the reporting of a false trade in November of last year. Later, the company announced finding several additional false or inaccurate price reports but also noted those responsible were no longer employed with the company.

Other corporations have faced scrutiny for similar manipulative reporting allegations. Dynegy settled for $5 million in December over allegations that its traders had reported inaccurately. Williams Cos., CMS Energy, and American Electric Power Co. have also reported finding fake trades during internal investigations.

El Paso Corporation is the countrys largest natural gas company. Its trading unit Merchant Energy is slated to be shut down as the company is reorganizing and selling off some of its assets.

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