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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

Greenspan Says Oil and Gas Prices to Affect Businesses

LCG, Apr. 28, 2004--The increases in the prices of oil and natural gas experienced in the U.S. over the last several years will likely not be reversed soon, the chairman of the Federal Reserve, Alan Greenspan, has said.

The chairman also indicated that he thought that industries with significant energy intensity, including petrochemical and fertilizer producers, might shift production to areas of the world with lower gas costs, in order to remain competitive. Greenspan also pointed out that during the last sustained rise in oil prices, in the '70's, consumers purchased more fuel-efficient vehicles, although he did not forecast the same reaction would occur again.

As he has previously, Greenspan called for expansion of infrastructure to allow imports of liquefied natural gas from countries besides Canada, which is already exporting as much as possible while still being able to supply its own needs.

The Fed chairman remarked on delivery contracts for six years in the future, which he said are at $27, whereas such contracts went for $16 to $18 in 1999. Natural gas prices have risen approximately 180 per cent above the 1999 price of $2.50 per million British thermal units.
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