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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

FERC Approves Midwest ISO Tariff

LCG, August 9, 2004--The Federal Energy Regulatory Commission (FERC) conditionally accepted the Midwest Independent Transmission System Operator Inc.'s (Midwest ISO) proposed Open Access Transmission and Energy Markets Tariff (TEMT) on August 6, 2004. The TEMT includes Day-Ahead and Real-Time energy markets that will incorporate centralized, security-constrained, economic dispatch and LMP-based pricing similar to the operations of PJM, the New York ISO and ISO-New England. The TEMT will include market mitigation based upon conduct and impact thresholds. In an earlier order, the Commission set the Midwest ISO's market implementation date to be March 1, 2005.

The Midwest ISO covers more than 96,000 miles of high voltage transmission lines located in 15 states and one Canadian province. The implementation of the TEMT will alter the market design and competition across a wide expanse, extending from eastern Montana through the upper Midwest - including Manitoba - and south to parts of Kentucky and Missouri. Once the TEMT is implemented, the FERC's Standard Market Design, with LMP-based pricing, will effectively be in use across the northern half of the Eastern Interconnect.

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