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NeuVentus Receives Storage Permits for its Texas Reliability Underground (TRU) Hub Salt Cavern Storage Project

LCG, April 4, 2025--NeuVentus, LLC ("NeuVentus") announced this week the receipt of a final order from the Railroad Commission of Texas (RRC) that grants a subsidiary of NeuVentus authority to create and operate 12 salt caverns for storage of a variety of gases (including natural gas and hydrogen) and liquids at its Texas Reliability Underground Hub ("TRU Hub") salt cavern storage project located in Liberty County, Texas.

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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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Industry News

No Talks in Illinois Power Plant Strike

LCG, July 9, 2001--A strike by union workers at 12 coal-fired Midwest Generation power plants that generate a quarter of the power used in Illinois headed into a second week with no sign of direct talks between the two sides.

Management and supervisory personnel continued to operate the plants, which consist of seven baseload stations and five peaking plants. Together, they produce about 9,300 megawatts of power.

Bill Starr, president of Local 15 of the International Brotherhood of Electrical Workers which represents 1,150 workers at the plants, said Midwest Generation had refused to bargain in good faith. He claimed that a federal mediator wanted to sit down with both parties in the dispute.

But a spokeswoman for Midwest Generation said no such meetings were planned. She said the company believes "things have to cool down on the picket lines" before negotiations can begin and has tried to get the union to limit the number of pickets at the plants.

The company said it had offered an across-the-board pay increase, but the union demanded changes in work rules that would "compromise the company's ability to operate and maintain its facilities."

Starr said the offer of a pay increase was inadequate and noted that union employees had been working since April 1 without a contract.

Midwest Generation, a subsidiary of Edison Mission Energy and a sister company of Southern California Edison Co., bought the 12 plants from Commonwealth Edison Co. in December 1999, and sells their power back to the Chicago utility.

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