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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

DOE Chief Addresses Natural Gas Issue

LCG, June 24, 2003Today Secretary of Energy Spencer Abraham said that the U.S. gas supply crunch was not quite over yet.

Gas prices, which have been around twice last years at roughly $6 per million Btu, are likely to continue, at least according to Abraham. He noted that by no means are we out of the woods yet, although he did say that there was an increase in weekly gas inventories.

Recent storage rates are encouraging after a long, cold winter, but they are in part due to current mild summer temperatures.

Abraham is planning a National Petroleum Council meeting for Thursday in order to discuss possible measures to relieve the high prices and low supply.

Some economists and legislators are worried that the rising gas prices are hurting utilities and gas-dependent industries, although others believe supply will return to normal levels by November.

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