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LCG Publishes 2025 Annual Outlook for Texas Electricity Market (ERCOT)

LCG, August 14, 2024 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2025, highlighting the region's rapid transition toward increased reliance on renewable energy resources and battery storage.

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LCG Publishes 2025 Annual Outlook for Texas Electricity Market (ERCOT)

LCG, August 14, 2024 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2025, highlighting the region's rapid transition toward increased reliance on renewable energy resources and battery storage.

Read more

Industry News

NRC Renews License for Dry-Cask Spent Fuel at Surry Station

LCG, March 3, 2005--The Nuclear Regulatory Commission (NRC) has renewed Dominion Generation's license for its dry-cask independent spent fuel storage installation at the Surry nuclear power plant located near Surry, Virginia.

The renewal is exceptional in that it marks the first time that the NRC has renewed a license for a dry-cask spent nuclear fuel storage facility. Furthermore, the 40-year term of the renewal for spent fuel storage facilities represents an exemption from the NRC regulations that specify a 20-year license term. The NRC stated that the exemption is allowed for in that dry casks are an interim storage solution until a more permanent solution is available.

The renewal includes strict terms with respect to inspections and monitoring the aging and integrity of the casks. The current operating licenses for the two reactors extend through 2032 and 2033, respectively.
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