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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

PetroWorld Develops Floating Methanol Plant

LCG, July 29, 2003Several petroleum companies have joined forces to develop a floating methanol plant.

Transworld Exploration and the Petroleum Oil and Gas Corporation of South Africa have formed the joint venture PetroWorld Limited, which itself has joined with New Jersey-based Foster Wheeler Power Systems and Texas-based Starchem Technologies and Waller Marine Inc. The companies are interested in accessing stranded natural gas reserves and converting the gas into methanol.

Much of the worlds natural gas reserves lie untouched under remote parts of the ocean. Transporting the gas by refrigerated tankers is not efficient or affordable. Converting the gas to a liquid such as methanol allows the fuel to be transported as a liquid on ordinary tankers. However, traditional methods of converting natural gas to methanol cannot be applied directly to a floating system because of size and safety considerations. Starchem Technologies, Waller Marine, and Foster Wheeler Power Systems are apparently engineering realistic methanol floating plants, which may be deployed within three years of project finalization.

The floating plant will be able to produce roughly 12,000-15,000 tons of methanol per day.

Methanol, also known as wood alcohol, can fuel cars and other devices. The chemical has only one carbon atom, one less than ethanol. Methanol is lethal if ingested by humans but burns very cleanly when used as fuel.

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