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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

L.A. Gets $181 Million from Municipal Utility

LCG, Nov. 27, 2001--Commissioner of the Los Angeles Board of Water and Power -- governors of the city's huge municipal utility -- have approved a transfer of $181,400,000 to the city's general fund for the current fiscal year.

The Los Angeles City Council was scheduled to vote today on whether the utility -- the Los Angeles Department of Water and Power -- should hang onto its interest in the Mohave coal-fired power plant in Nevada. A lot of that $181,400,000 was produced by LADWP sales of surplus power to the California independent System Operator and the California Department of Water Resources at top dollar.

The LADWP's annual transfer to the city of Los Angeles equals 5 percent of the utility's gross revenues for water and electric services, and this year's infusion of cash to the city was about 25 percent higher than last year's, as the result of power sales.

About 85 percent of the transfer, or $154,153,000 will come from LADWP's Power Revenue Fund.

"We are fortunate that in the midst of the city's economic downturn, the Department of Water and Power is able to make its contribution to the city," said Mayor James K. Hahn. "These funds will go a long way to help the city continue to provide vital services such as fire and police protection, libraries and recreational facilities."

"This transfer demonstrates one of the benefits of public power," said DWP Board President Kenneth T. Lombard. "We are proud that in addition to meeting the water and electricity needs of the city, DWP pays dividends to the residents of Los Angeles in the form of support for necessary city and community services."

Members of the City Council say they are predisposed to vote in favor of keeping the city's 316 megawatt interest in the Mohave power plant.

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