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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

Progress Receives New License for Spent Fuel Storage at H. B. Robinson Plant

LCG, April 5, 2005--Progress Energy Carolinas, Inc., received a new, 40-year license for the dry-cask independent spent fuel storage installation at its H.B. Robinson nuclear power plant from the Nuclear Regulatory Commission (NRC) on March 30.

The single-unit, 710-MW H.B. Robinson nuclear plant is located near Hartsville, South Carolina and includes eight modules to store spent nuclear fuel. In April of last year, the NRC issued a new license for the plant's reactor for an additional 20 years. The reactor, which had a license set to expire in 2010, now has a license to operate until 2030. With the re-licensing for the storage of spent fuel, the long-term outlook for plant is improved.

This action marks only the second time that the NRC has re-licensed a dry-cask independent spent fuel storage facility. Last month, the NRC renewed Dominion Generation's license for its dry-cask independent spent fuel storage installation at the Surry nuclear power plant located near Surry, Virginia.

The 40-year term of the renewal at both power plants represents an exemption from the NRC regulations that specify a 20-year license term. The NRC stated that the exemption is allowed for in that dry casks are an interim storage solution that will be used until a more permanent solution is available.

The renewals at both nuclear stations include strict terms with respect to inspections and monitoring the aging and integrity of the casks.

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