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Puget Sound Energy Starts Construction on 142-MW Appaloosa Solar Project in Washington

LCG, September 4, 2025--Puget Sound Energy (PSE) announced yesterday that phased construction has commenced on its 142-MW Appaloosa Solar Project, a utility-scale solar facility underway in southeastern Washington. The project is being built by Qcells EPC, who will serve as the module manufacturer and the engineering, procurement, and construction (EPC) solution provider. Construction is scheduled through 2026, and commercial operation is expected at the end of next year.

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TVA and ENTRA1 Energy Announce Collaborative Agreement in Landmark 6-Gigawatt NuScale SMR Deployment Program - Largest in U.S. History

LCG, September 3, 2025--The Tennessee Valley Authority (TVA) and ENTRA1 Energy (ENTRA1) yesterday announced a new agreement to advance nuclear power development within TVA’s service region. Under the agreement, ENTRA1 Energy will collaborate with TVA to deploy six ENTRA1 Energy Plants™, each powered by multiple NuScale Power Modules™, to provide up to 6 GW of firm, 24/7 baseload power.

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Industry News

CFTC Apparently Considering Market Abuse Charges

LCG, Feb. 14, 2003--Cooperation between the Commodity Futures Trading Commission (CFTC), federal prosecutors, and the Federal Bureau of Investigation seems the likely result of a Wednesday meeting of over forty participants organized by the CFTC, which could signal aggressive pursuit of energy market abuse charges.

The CFTC's expertise in commodities markets and oversight of futures exchanges, coupled with the criminal indictment powers of U.S. Attorney offices across the country, may be wielded against traders believed to have submitted false trades to publishers of price indexes. "It's an unprecedented kind of meeting in my experience," Michael Greenberger, a former director of the Commodity Futures Trading Commissions's trading and market division, told Dow Jones. "This meeting smacks of this being taken very seriously."

To date, two sets of charges have been brought by U.S. Attorney's offices, one against Todd Geiger for gas trades he reported in November 2001, and another against former Dynegy trader Michelle Valencia, for reporting in late 2000 and early 2001. In addition to alleged attempts to manipulate energy prices through fabricated price reporting, such strategies as round-trip energy trades could be prosecuted.
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