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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

LG&E to Sell Interests in Three Small Virginia Plants

LCG, Dec. 4, 2000--The LG&E Power Inc. subsidiary of LG&E Energy Corp. said Friday that it has entered into an agreement with Virginia Electric & Power Co., a unit of Dominion Resources Inc., to sell its equity interests in three 70 megawatt coal-fired cogeneration power plants in Altavista, Hopewell and Southampton, Va.

LG&E said that under the agreement, the plant owners and Virginia Power may exercise their options during early 2001. If exercised, the purchase price will be a combination of cash and the assumption of the projects' contracts and debts. LG&E owns 50 percent of the projects, which began commercial operations in 1992.

An affiliate, LG&E Power Services Inc., will continue to operate the three facilities underseparate contracts with Dominion Virginia Power. Other owners of the projects are subsidiaries of coal company Westmoreland Energy Inc., which owns 30 percent, and Fourfold Cogeneration Corp., a subsidiary of Chrysler Financial Corp., which owns 20 percent.

"We continually look for ways to maximize the value of our assets," said George Basinger, LG&E Energy's senior vice president of independent power operations. "In this instance, it was clearly more beneficial to sell the plants than to retain them."

LG&E said the agreement "is subject to certain regulatory approvals."

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