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Southwest Power Pool Board Approves New Process to Accelerate High Impact Large Load Connections

LCG, September 16, 2025--Southwest Power Pool’s (SPP) Board of Directors today announced that the Board approved a process to facilitate the connection of large users of electricity to the power grid while continuing to support energy needs for the entire region. SPP's new process is designed to incorporate transmission service, generation, load interconnection and other relevant reliability studies into a single framework that enables timely, informed decision-making and action.

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Longroad Energy Announces Financial Close of 1000 Mile Solar Project in Texas

LCG, September 15, 2025--Longroad Energy announced today the financial close of 1000 Mile Solar, its 300 MWac (400 MWdc) solar project in Yoakum County, Texas. Longroad Energy finalized a long-term offtake agreement with Meta late last year in the form of an Environmental Attributes Purchase Agreement, which includes a financial settlement arrangement for the entire energy output of 1000 Mile Solar.

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Industry News

Duke Energy Plans to Pursue Second Nuclear Operating License Renewals for Nuclear Fleet

LCG, September 20, 2019--Duke Energy announced yesterday that it will seek to renew the operating licenses of the 11 reactors it operates at six nuclear stations in the Carolinas for an additional 20 years. The company plans to submit the license renewal application for Oconee Nuclear Station in 2021, followed by its other nuclear stations.

Duke Energy has set carbon reduction goals of at least 50 percent by 2030 and net-zero by 2050, and preserving its carbon-free, nuclear fleet is critical to achieving these goals. The combined generating capacity of the nuclear fleet is approximately 10,755 MW, including the jointly owned shares of the Catawba Station. In 2018, Duke's nuclear fleet marked its 20th consecutive year with a fleet capacity factor of over 90 percent, demonstrating both high utilization and plant reliability. If all of the license renewals are successful, then all of the carbon-free, nuclear units could be operating beyond 2050.

Duke Energy's chief nuclear officer stated, "Our nuclear power plants have safely and reliably provided electricity to our Carolinas customers for decades. These plants generate clean and cost-effective power, provide thousands of well-paying jobs, and produce substantial economic benefits for the Carolinas. Renewing the licenses of these plants is important for our customers, communities and environment."

The original nuclear operating licenses received from the Nuclear Regulatory Commission (NRC) allowed the Duke Energy-operated nuclear units to operate for 40 years. All of these units have already received one renewed, 20-year license extension from the NRC, allowing for a 60-year life. These extensions will start to reach the end of their terms in the early 2030s. The process to renew licenses for a second 20-year period requires a comprehensive analysis and evaluation to ensure the units can safely operate for the extended operation period. The review process begins with an acceptance review of the application once received, with a goal to complete the subsequent license renewal application review within 18 months of docketing.
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