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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

Bill to Turn Back Deregulation Passes CA Assembly

LCG, June 9, 2003--According to the author of the California bill SB 888, Sen. Joe Dunn, D-Santa Ana, "there is an urgency" behind its passage, but the bill, which passed the Senate Thursday, would likely disappoint some who have been able to make arrangements to buy electricity from sellers other than the state's major utilities.

The measure, which will go to the Assembly next, was not explicitly endorsed by Gov. Gray Davis, but Davis has asserted that California needs a "more regulated environment than we have now." Others, such as businesses who have been able to purchase electricity through "direct access" power contracts, are not eager for new legislation, before policy already in effect has had a chance to be tested more extensively.

While Dunn, who led an investigation into the causes of the energy crisis of 2000 and 2001, has referred to the real possibility of further rolling blackouts within the next year or two, it is not clear that SB 888 would significantly increase supplies available to California. It would give power companies the ability to enter long-term contracts, presumably with utilities. The state could also investigate the operating conditions at power plants taken off-line for maintenance or repair.

Severin Borenstein was quoted in the Sacramento Bee about SB 888, and said "It is unfortunate because direct access was not the problem, it was a symptom of the problem."
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