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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

Development of Iowa Plant Halted

LCG, Feb. 19, 2002--A 615-megawatt gas-fired power plant that was planned for installation in Orient, Iowa, has been cancelled by developer Entergy Corp.

According to a spokesman for Entergy Asset Management, Larry Daspit, "we felt we were headed for an overbuilt situation coupled with the recession and rising natural gas prices." The plant was first announced in July 2001, a time when the spot market price for natural gas was at half its current level.

The Iowa Utilities Board granted Entergy's application to cancel the plant. Daspit commented, "The economics were not there. It's a very tenuous market." Entergy Asset Management will consider enlarging its generation portfolio through acquisition of projects either operating or under construction.
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