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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

Davis Heads for Washington Power Confab

LCG, Jan. 9, 2001California Gov. Gray Davis was in Washington today for an evening conference with President Clinton and senior administration officials, aimed at coming to grips with the deepening electric power crisis in the Golden State.

Davis will meet with the president, Gene Sperling, who is director of the National Economic Council, Energy Secretary Bill Richardson and Treasury Secretary Lawrence Summers. Together, they hope to reach a solution to the crisis threatening electric service in California and has pushed the state's two largest utilities to the brink of bankruptcy.

Officials from the two companies Pacific Gas & Electric Co. and Southern California Edison Co. were also expected to participate in the conference, along with James Hoecker, chairman of the Federal Energy Regulatory Commission.

Yesterday in Wyoming, Richardson said "Tomorrow, everybody needs to give a little -- the California utilities, the state government." The two utilities contend they have nothing more to give. They have subsidized their customers to the tune of $12 billion and have almost no cash left to buy more power.

Any massive dislocation in the California energy sector would have national implications. By itself, the state is the world's sixth-largest economy, ranking just behind Great Britain and ahead of Italy. Last week the White House acknowledged that a ripple effect could hit the nation's big banks and other groups.

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