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EPA Issues Class VI Well Permits to ExxonMobil for Carbon Capture and Storage Project in Texas

LCG, October 21, 2025--The U.S. Environmental Protection Agency (EPA) today issued three final Underground Injection Control (UIC) Class VI permits to ExxonMobil for their Rose Carbon Capture and Storage (CCS) Project located in Jefferson County, Texas. Under the Safe Drinking Water Act, these permits allow ExxonMobil to convert three existing test wells permitted by the state to carbon dioxide (CO2) storage injection wells for long-term storage.

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Holtec Receives New Nuclear Fuel at Palisades for Planned Restart

LCG, October 20, 2025--Holtec International announced today that the Palisades Nuclear Power Plant site in Michigan has received new nuclear fuel – 68 assemblies in total – that achieves a major milestone on the path to restarting the plant. The 800-MW facility was shutdown and decommissioned in 2022 due primarily for economic reasons; however, Holtec is progressing towards restarting the original unit by the end of this year, pending all necessary federal regulatory reviews and approvals. Achieving a successful restart of a shutdown nuclear unit will be a historic first for the nuclear industry.

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Industry News

FERC Conference Exposes Transmission Cost Conflict

LCG, November 7, 2002-In a Wednesday meeting, utilities and energy companies disagreed over the method by which transmission upgrades should be funded.

The Federal Energy Regulatory Commission held a day-long conference on some energy issues yesterday, including repairing the nation's transmission bottlenecks.

A FERC study released last year estimated that $12.6 billion would be needed to streamline transmission by constructing new transmission lines.

Energy companies who own plants and sell power assert that new transmission benefits retail customers and should therefore be paid by ratepayers in general via "rolled-in pricing."

Large investor-owned utilities oppose this idea, saying that ratepayers will be forced to pay for energy assets that do not benefit them. Utilities and some utility commissions insist that those who directly benefit from new projects coming on line should pay, whether state consumers, industrial users, or energy firms.

Calpine Corporation also took the opportunity to voice its concerns over unfair practices in transmission control, alleging that some utilities prevented electricity to be sold from its plants even though Calpine's power was cheaper and cleaner.

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