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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

Rising Costs Hit Silicon Valley Transmission Upgrades

LCG, Aug. 15, 2001--Transmission constraints could replace insufficiency of power supply as the next electrical problem for California's Silicon Valley, as rising costs threaten to disrupt plans by Pacific Gas & Electric Co. to provide badly needed improvements to serve the area.

The problem could be felt as early as next summer, according to a draft decision by California Public Utilities Commission administrative law judge Sarah Thomas.

In 1999, PG&E proposed to build a 7.3-mile 230 kilovolt transmission line, a new power switching station, and upgrade other facilities serving Silicon Valley, the high-tech corridor south of San Francisco.

But now, new requirements that the wires be placed underground with cable that has to be ordered from France, and rising land costs have boosted the estimated cost from $77 million to $182 million, a big jump for a bankrupt utility.

"The record of the need for the new facilities reflects that the current transmission capacity will beinsufficient to meet demand as early as summer 2002, and it will take PG&E some time to build theproject," Thomas said yesterday.

A spokesman for PG&E said the project now looks like it could be completed by summer of 2003, at the earliest.

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