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NRC Renews Operating Licenses for Constellation's Nuclear Reactors at Clinton and Dresden Facilities

LCG, December 16, 2025--The Nuclear Regulatory Commission (NRC) announced today that it has renewed the operating licenses of Constellation LLC’s Clinton Unit 1 in Clinton, Illinois, and Dresden Units 2 and 3, near Morris, Illinois, for an additional 20 years beyond the current expiration dates. The combined capacity of these three, Illinois-based nuclear units is 2,925 MW, and the operating license extension will enable the units to generate carbon-free power through about 2050.

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ERCOT Announces Organizational Changes to Promote Grid Reliability, Rapid Demand Growth, and Innovation

LCG, December 12, 2025--Today, the Electric Reliability Council of Texas, Inc. (ERCOT) announced strategic organizational changes designed to accelerate innovation, strengthen grid reliability, and support the unprecedented growth in the demand for electricity across Texas. To meet these objectives, ERCOT created two new organizations: Interconnection and Grid Analysis, and Enterprise Data and Artificial Intelligence (AI). The two organizations will formally launch in January 2026.

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Industry News

Energen Says High Gas Prices Mean High Profits

LCG, Dec. 1, 2000--Energen Corp., the holding company for Alabama Gas Corp. which serves about 470,000 customers in a belt across central Alabama, said yesterday that high prices for natural gas and oil promise to boost earning beyond earlier expectations.

"On the basis of commodity price strength in the first quarter of our 2001 fiscal year, we are increasingly optimistic over the potential for greater earnings growth in the current year than earlierdiscussed," said Mike Warren, chairman and chief executive.

"Energen's earnings for fiscal year 2001 have the potential to rise more than the 13 percent previously estimated to the extent that commodity prices continue above the assumed levels and our other underlying assumptions remain unchanged," Warren added.

The company said that a 10 increase in natural gas wholesale prices is estimated to have a $400,000 impact on net income.

The company further noted that unlike Energen Resources, the company's natural gas utility does not profit from the high natural gas prices currently in place across the country. Changes in the utility's gas supply costs, up or down, are passed through to the customer without markup, under the terms of a Gas Supply Adjustment rider to its rate schedules.

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