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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

California Delays Electricity Regulation Votes Again

LCG, March 7, 2002- California state power regulators postponed decisions on two energy regulation proposals yesterday.

The California Public Utilities Commission's Commissioner Carl Wood's proposal prohibits energy customers from renewing contracts, possibly forcing energy sellers out of California. A less extreme plan is that of Commissioner Jeff Brown's, which employs an "exit fee," enabling outside contracts to continue while charging a fee which would go to relieve some of the state's debt due to power purchases.

While many of the over 80,000 Californian businesses who opted to buy electricity from competitors saved a lot of money, consumers and some lawmakers insist businesses should buy electricity from the state so that residential and small business customers do not have to put up with higher energy prices. Others who support consumer choice applaud Brown's plan.

Wednesday's vote has been delayed until March 21st.

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