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LCG Publishes 2025 Annual Outlook for Texas Electricity Market (ERCOT)

LCG, August 14, 2024 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2025, highlighting the region's rapid transition toward increased reliance on renewable energy resources and battery storage.

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LCG Publishes 2025 Annual Outlook for Texas Electricity Market (ERCOT)

LCG, August 14, 2024 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2025, highlighting the region's rapid transition toward increased reliance on renewable energy resources and battery storage.

Read more

Industry News

NRC Tables CP&L Spent Nuclear Fuel Plan

Feb. 19, 2001The Nuclear Regulatory Commission on Friday told Carolina Power & Light Co. that it needed more information before it could allow the company to store spent nuclear fuel in two unused pools at its Sharon Harris nuclear power plant in Raleigh, N.C.

The 900 megawatt Harris plant was originally designed for four reactors, but only one was completed. However, the plant's fuel handling building has four spent fuel pools, as originally planned. The plant's operating license issued in 1987 authorized CP&L to use two of those pools for storage of spent fuel from the Harris plant and from three other reactors owned by the company.

The Harris plant, like nuclear power plants throughout the United States, is choking on its spent fuel due to the failure of the federal government to make good on its obligation to provide permanent storage beginning in January 1998.

In December, the NRC staff had approved the company's request to put the two unused spent fuel pools to use. But the Board of Commissioners of Orange County, N.C., has asked the NRC for an immediate stay of that approval and has made legal filings to back up its request..

While the NRC rejected the Orange County petition, it says it will now reconsider whether to hold oral hearing on CP&L's proposal. The NRC staff has 14 days to provide additional information on the matter.

In the meantime, the agency has ordered CP&L to hold off on using the two unused, but available, spent fuel pools.

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