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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

No Power Refund Talks Until After Summer, Duke Says

LCG, Aug. 8, 2001--California power producers are presently focused on meeting expected heavy demand for electricity and thereby avoiding rolling blackouts, and have been diverted from the problem of refunds for alleged overcharges, an official of Duke Energy Corp. said yesterday.

California Gov. Gray Davis has been adamant in his claim that the power producers -- in his view mostly Texas companies with close ties to President Bush and Vice President Dick Cheney -- owe the state $8.9 billion in refunds for charging up to $3,000 per megawatt-hour when the state was reeling from repeated rolling power blackouts.

The top administrative law judge for the Federal Energy Regulatory Commission has said the figure is more like $1 billion, if that, and added that it is unlikely that California will see a dime of cash because the power producers haven't been paid for much of the electricity.

While the dispute will be handled by FERC's commissioners, based on a report by Judge Curtis Wagner, who presided over two weeks of negotiations that failed to reach a settlement in early July, not much can be expected in the way of further negotiations until summer's peak demand period has passed, according to Jim Donnell, president and chief executive officer of Duke Energy North America, Duke's merchant energy subsidiary.

"We'd love to be engaged in active dialogue around reaching a real resolution of the problems, but it's not easy to get everybody engaged," Donnell said while attending the Rocky Mountain NaturalGas Strategy Conference sponsored by the Colorado Oil and Gas Association. "While I'd like to believe that settlement is on everybody's agenda. I don't know that to be the case," he added.

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