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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.

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.

National Grid to Manage Alliance RTO

LXCG, Aug. 29, 2001--British electric power transmission company National Grid Plc said yesterday that it has been selected as managing member of the Alliance regional transmission operator, an 11-state transmission system manager stretching from the Midwest to the Appalachians.

National Grid will make an initial investment of $75 million in Alliance Transco and continue with investments amounting to between 5 percent and 20 percent of the total invested by the RTO's 10 members.

During the seven-year contract, National Grid will be paid $14 million a year by Alliance. It will be able to increase those earnings through an incentive systems based on reliability and customer savings.

Alliance members have placed under the RTO's management transmission assets with a book value of $12 billion.

The deal must receive approval of the member companies as well as that of federal regulators, but the Federal Energy Regulatory Commission earlier this year gave Alliance its tentative okay.

In order to meet FERC's requirement that it be a "nonmarket" participant, National Grid said it would sell any remaining economic interests of affiliates in the power-generation and supply markets in the U.S.

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EPA Issues Class VI Well Permits to ExxonMobil for Carbon Capture and Storage Project in Texas

Holtec Receives New Nuclear Fuel at Palisades for Planned Restart

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National Grid to Manage Alliance RTO