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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

TXU Mothballs Generation in UK Portfolio

LCG, Jan. 14, 2002--Citing falling wholesale prices and overcapacity in the UK power market, TXU will mothball part of two generating plants first commissioned over thirty years ago.

Wholesale power prices in the UK have dropped roughly 25 percent with the institution of the New Electricity Trading Arrangements (NETA) in March 2001. The NETA represents a more competitive market structure than the former England and Wales Electricity Pool of old. This, plus "specific issues of age, efficiency, reliability and maintenance requirements" were mentioned by Martin Stanley, TXU's president of trading and production, by way of explanation.

TXU, which negotiated the sale of the 2,000-megawatt West Burton power plant to Electricite de France for 366 million pounds ($530 million) two months ago, left open the possibility that generators at the Drakelow C and High Marnham plants could be brought back into service if the market warrants the move. The effect of mothballing the two plants will be to withdraw 522 megawatts from the UK market, which leaves more than 99 percent of the former capacity total intact.

Reuters reported that Paul Taylor, vice president of UK power trading did not foresee any additional generators being mothballed.

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