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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

Electricity Traders Form Trade Association

LCG, November 5, 2002Several energy traders have created an association in order to fortify themselves against unstable energy markets.

Amerex Group, GFI Group, APB Financial LLC, Natsource LLC, Prebon Energy, Starsupply Petroleum LLC, and TFS Energy LLC recently joined forces to form the Energy Brokers Association.

These groups want to show that they are setting standard, reliable trading practices and intend to work with outside companies and government bodies.

The association has mentioned it will work to specify the purpose and activities of over-the-counter traders, among other issues.

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