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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

Mirant to Build 286 Megawatt Plant in Washington

LCG, July 31, 2001--Mirant Corp. said this morning that it will build a 286 megawatt power plant in Longview, Wash., a paper manufacturing town on the Columbia River about 50 miles downstream from Portland, Ore.

The project, Mirant's first venture in the Pacific Northwest, will be undertaken in conjunction with Avista Corp. Avista has developed the project for the last two years and is now selling its interest to Mirant, though it will continue to assist with completion of licensing and other development activities.

Mirant said construction will begin soon on the natural gas-fired combined cycle facility and the plant is anticipated to come on-line by summer 2003. The gas turbine part of the project could begin generating electricity by summer 2002, the company said.

"Building power plants in the Pacific Northwest will help the entire region meet its energy needs and help correct the current imbalance between supply and demand," said Randy Harrison, chief officer of Mirant's western U.S. operations. "The Longview location is ideal because of its proximity to a steadysupply of natural gas and access to the transmission system, which carries power to consumers not only in Washington but throughout the West."

Terms of the deal with Avista were not disclosed.

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