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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

Williams Cos. Voluntarily Yields Gas Trading Data

LCG, October 29, 2002-On Friday, Williams admitted that some of its traders presented false information regarding energy-related trades; today the company has given the CFTC its records.

As the third company to reveal that its traders have reported false data, Williams has announced it is cooperating fully with the Commodity Futures Trading Commission.

False trading data may have been used to affect price indexes published and used to determine natural gas prices for contracts.

The Federal Energy Regulatory Commission is currently investigating several aspects of energy trading and has requested trading data from various companies, such as Duke Energy.

Dynegy Inc. and American Electric Power Co. have also found that some of their employees made false reports in industry publications.

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