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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

Russia Considers Electricity Reforms

LCG, April 29, 2002-The Russian Parliament will receive draft bills regarding widespread energy market reforms.

The plan, submitted today, is designed to appeal to foreign investorst. Generation and marketing units would be privatized, while provisions would be included that yield transmission to the government.

In addition to selling off state-controlled assets, the plan includes eliminating state control of electricity prices.

Former Prime Minister Anatoly Chubais, who now heads Russia's electricity monopoly Unified Energy Systems, developed the beginning stages of the plan.

Local governments and government-run factories that either cannot or do not pay for electricity have left Russian giant Unified Energy Systems fraught with debts.

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