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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

Duke/Fluor Daniel to Build Calpine Oklahoma Plant

LCG, Aug. 1, 2001--Duke/Fluor Daniel said yesterday it has been awarded a contract by Calpine Oneta Power, L.P., to provide engineering, procurement and construction services for a 1,150-megawatt, combined-cycle, natural gas-fired power plant in Coweta, Okla.

Duke did not disclose the value of the contract, though the entire project has been estimated at $500 million. The facility is scheduled to begin commercial operation early next summer and is currently on target to meet that goal, the company said.

"Two aspects of this contract stand out," said Jeff Faulk, president and chief executive of Duke/Fluor Daniel. "It is our first opportunity to work with Calpine Corporation widely regarded as a leading independent power producer. Second, as part of the overall contract, we have effectively combined Calpine's procurement requirements, preferred suppliers and commissioning capabilities with (our) contracting capabilities."

Doug Kieta, Calpine's senior vice president for construction, chimed in "This contract represents a significant step forward for the project, and such projects represent significant progress in meeting fast-growing energy demand in the United States."

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