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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

PacifiCorp Proposes Separate Firms for Separate States

LCG, Dec. 5, 2000--Scottish Power said yesterday that its PacifiCorp subsidiary has asked regulators in six states to approve a legal and regulatory realignment of the company that would create individual state electric companies, a generation company and a service company.

PacifiCorp has already filed with the Federal energy Regulatory Commission announcing its intention to join a regional transmission organization, RTO West, which would control its transmission facilities.

Under yesterday's proposal, PacifiCorp's state electric companies would be subject to the jurisdiction of the states in which they are located. The generation company would be regulated by the Federal Energy Regulatory Commission, which also regulates transmission. The Securities and Exchange Commission would regulate the service company.

Scottish Power said the proposal is designed to provide a permanent allocation of generation benefits and costs among the states served by PacifiCorp. This will allow each state to pursue regulatory policies deemed appropriate without affecting customers in other states or treating shareholders unfairly, the company said.

The proposal is not expected to have a significant impact on employees, or lead to downsizingbeyond the company's previously announced transition plan.

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