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Panda Power Funds Dedicates 758-MW Combined-Cycle Facility in Texas

LCG, November 21, 2014-Panda Power Funds dedicated its new, natural gas-fueled, combined-cycle power plant in Sherman, Texas yesterday. Construction on the Sherman Generating Station started in July 2012. The dedication of its sister facility in Texas, Temple I, occurred in late September.

Rhode Island Offshore Block Island Wind Project Clears Department of Interior

LCG, November 19, 2008-The Bureau of Ocean Energy Management (BOEM) of the Department of the Interior has granted a right-of-way for the undersea transmission line that will deliver the wind-generated electricity from Deepwater Wind's 30-MW Block Island offshore project to the Rhode Island mainland.

Industry News

NRC Extends Operating License for Entergy's Vermont Yankee Nuclear Plant

LCG, March 23, 2011--The U.S. Nuclear Regulatory Commission (NRC) issued on Monday a 20-year license extension to the Vermont Yankee nuclear plant, a 605-MW, nuclear reactor that is owned and operated by Entergy Corp. The existing operating license is scheduled to expire in March 2012.

Entergy's ability to extend the operating life of the plant remains somewhat uncertain, as Entergy apparently agreed to seek state approval to extend the life of the plant when the facility was acquired. Last year, the Vermont Senate voted against relicensing, and the new Governor (and former Senate pro tem) of Vermont is opposed to relicensing.

The recent earthquake, tsunami, and related challenges to control nuclear plant operations in Japan have elevated the concerns. A Vermont representative stated, "The radioactive release in Japan is the result of inundation by water.... We may be a seismically inactive area but we do face the power of water if nature decides to inundate the Vermont Yankee plant. Is it-- and the emergency support systems around it-- up to the task of protecting the people of Vermont?"



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