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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 Approves Midwest ISO Tariff

LCG, August 9, 2004--The Federal Energy Regulatory Commission (FERC) conditionally accepted the Midwest Independent Transmission System Operator Inc.'s (Midwest ISO) proposed Open Access Transmission and Energy Markets Tariff (TEMT) on August 6, 2004. The TEMT includes Day-Ahead and Real-Time energy markets that will incorporate centralized, security-constrained, economic dispatch and LMP-based pricing similar to the operations of PJM, the New York ISO and ISO-New England. The TEMT will include market mitigation based upon conduct and impact thresholds. In an earlier order, the Commission set the Midwest ISO's market implementation date to be March 1, 2005.

The Midwest ISO covers more than 96,000 miles of high voltage transmission lines located in 15 states and one Canadian province. The implementation of the TEMT will alter the market design and competition across a wide expanse, extending from eastern Montana through the upper Midwest - including Manitoba - and south to parts of Kentucky and Missouri. Once the TEMT is implemented, the FERC's Standard Market Design, with LMP-based pricing, will effectively be in use across the northern half of the Eastern Interconnect.

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