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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

California Power Authority Goes Green

LCG, Sept. 10, 2001--The California Consumer Power and Conservation Financing Authority, the state's new public power agency, voted on Friday to give its chairman, S. David Freeman, permission to negotiate contracts with renewable energy providers, the Los Angeles Times reported Saturday.

Freeman said his agency will initially fund about 1,000 megawatts in renewable energy proposals and will build on that as the Authority carries out what he sees as its mandate to build a "strategic reserve" of green power.

"It's important to recognize that by going with renewables first, this agency is willing to put its money where its mouth is," Freeman said in opening the Authority's board meeting. He did not say, however, how much money.

"Over the years the renewables have gotten the music and fossil fuels have gotten the action. We intend to provide action on both fronts, but to be sure no one feels that renewables are second-class citizens as far as the state is concerned," Freeman said.

Aside from geothermal power and hydroelectric power, which have long and successful histories in California, renewables are likely to remain second-class citizens. To date, no solar power installation has produced as much energy as its construction consumed in the first place, and the output of a wind farm is only about 20 percent of its nameplate capacity.

Power from solar and wind installations is significantly more expensive that that produced by nuclear or conventional thermal power plants and must be heavily subsidized by the taxpayer. Backers of those dubious resources are counting on the state legislature to move forward on a bill that would require utilities and other electricity retailers to generate at least 20 percent of their power from "renewable" resources.

The legislation, introduced by state Sen. Byron Sher, a Palo Alto Democrat, failed by a 7-10 vote to clear the Assembly Utilities and Commerce Committee Thursday, but it is up for reconsideration today.

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