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X-energy and Dow Submit Application to the NRC to Construct an Advanced Nuclear Project in Texas

LCG, March 31, 2025--Dow and X-Energy Reactor Company, LLC ("X-energy") today announced the submission of a construction permit application to the U.S. Nuclear Regulatory Commission ("NRC") for a proposed advanced nuclear project in Seadrift, Texas. The proposed advanced small modular reactor ("SMR") project could begin construction later this decade and commence operations early next decade.

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Avangrid's 238-MW True North Solar Project Achieves Commercial Operation

LCG, March 27, 2025--Avangrid, Inc., a member of the Iberdrola Group, today announced that its True North Solar project, located in Falls County, Texas, has achieved commercial operation. The True North Solar project will deliver electricity into ERCOT and support Meta's operations, including Meta's upcoming data center in neighboring Temple, its second data center in Texas.

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Industry News

NRC Okays Vermont Yankee License Transfer to AmerGen

LCG, July 10--The Nuclear Regulatory Commission said yesterday it has approved the transfer of Vermont Yankee Nuclear Power Station's operating license to AmerGen Vermont, LLC, an ad hoc subsidiary of AmerGen Energy Co.

The license for the 500 megawatt plant located near Brattleboro, Vt., has been held by the facilitys operators, Vermont Yankee Nuclear Power Corp., since it began operation in 1972.

AmerGen Vermont was established by AmerGen to acquire and operate Vermont Yankee. AmerGen itself is a 50-50 joint venture between Peco Energy Co. and British Energy Plc, the United Kingdoms nuclear generation company, to buy and operate nuclear power plants in the U.S.

The NRC said the Vermont Yankee license transfer review was similar to others it conducted in conjunction with the acquisition by AmerGen of Three Mile Island Unit 1, in Pennsylvania, the Clinton nuclear power station in Illinois and the Oyster Creek Nuclear Generating Station in New Jersey.

AmerGen last year purchased Vermont Yankee from its 13 owners, Central Vermont Public Service Corp. (31.3 percent), New England Power Co. (20.0 percent), Green Mountain Power Co. (17.9 percent), Connecticut Light & Power Corp. (9.5 percent), Central Maine Power Co. (4.0 percent), Public Service Co. of New Hampshire (4.0 percent), BurIington Electric Department (3.6 percent), Montaup Electric Co. (2.5 percent), Cambridge Electric Light Co. (2.5 percent), Western Massachusetts Electric Co. (2.5 percent), Vermont Electric Cooperative Inc. (1.0 percent), Washington Electric Cooperative Inc. (0.6 percent) and Lyndonville Electric Department (0.6 percent).

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