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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

NorthWestern Energy Seeks Gas Rate Increase

LCG, May 23, 2003--NorthWestern Energy, the buyer of Montana Power's electric power and natural gas distribution system last year, is seeking to make up for an anticipated difference of $13 million between its collections from customers and its purchase costs for natural gas between last December 2002 and next month.

NorthWestern would like to make permanent an increase in the tracking rate, which covers a portion of unforeseen purchase costs by the utility. The company's vice president for regulatory affairs, Pat Corcoran, told reporters that an upcoming rate case to be filed with the Public Service Commission will contain a "big increase."

NorthWestern charges its customers about $2 less for the commodity than the estimated price of gas in June, $5. According to the upcoming case, it is possible that the typical customer would see annual charges that of $298 more than what he or she now pays.
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