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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

Niagara Mohawk to Cut Power Delivery Charges

LCG, Aug. 17,2000--Niagara Mohawk Power Corp. said yesterday that the New York State Public Service Commission had approved its plan to lower electricity delivery prices for most of its customers beginning next month.

Residential and small commercial customers will see average electricity delivery price reductions of about 1.5 percent when compared to last September. The reduction would be on top of an average 1.7 percent delivery price cut over the last two years.

The companys largest industrial customers will see their delivery prices reduced by about 1.9percent when compared to a year ago.

William E. Davis, Niagara Mohawk's chairman and chief executive, said "These savings and New York state's important energy tax reductions will play a significant role in our efforts to promote economicdevelopment and competition across our service territory."

Total savings the three-year plan will come to about $600 million, including gross receipts tax reductions and discounts currently offered to Niagara Mohawk's largest customers under the company's flexible pricing programs, the company said.

Davis said the new pricing structure will allow customers to make more meaningful comparisons between Niagara Mohawks prices and those of other service providers.

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