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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

Report Finds Xcel Service Standards Falsified

LCG, Mar. 14, 2003--Reporting by Xcel Energy Inc. on the duration of power outages was falsified, according to a report commissioned by Minnesota's Attorney General Mike Hatch, and the Minnesota Department of Commerce.

The report followed the Minnesota Public Utilities Commission's request that an investigation be launched into published allegations by unnamed sources that data had been changed. "It appears many different schemes have been used in order to keep durations down," the report by Eide Bailly LLP's Fraudwise said. Fraudwise is still investigating, and plans to produce a full report after the investigation.

"We are outraged at the accusations of corruption in our outage reporting system alleged in the Fraudwise report," a statement from Xcel said. Ken Zagzebski, the vice president of energy delivery, wrote, "We intend to refute each allegation and innuendo as soon as possible."

Xcel and state regulators arrived at a set of service standards during the creation of Xcel, through the merger of Northern States Power and New Centuries Energy Inc. in 2000. The agreement with regulators set penalties to be imposed if limits on outage durations or other standards were not met.
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