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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

Texas PUC Approves Rate Increases for Fuel

LCG, Aug. 23, 2002--Texas' Public Utility Commission today allowed major retail power sellers in the state to increase their rates, based on higher natural gas prices.

The amount of the average increase for a customer of TXU Corp., Reliant Resources Inc. or American Electric Power Co. will be $4 a month, according to a company spokesman, Chris Schein. The rate cases cited higher natural gas costs incurred by the companies. While retail power rates in Texas are largely fixed until 2006, the fuel component is allowed to trigger rate increases up to twice annually, based on rules governing deregulation in the state.

When the rate increase was first sought, the Public Utility Commission did not immediately consider the applications by the three utilities. Two weeks ago, however, a judge issued an injunctive order to permit an increase unless the PUC found the case was not justified.
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