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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

ISO New England Files Testimony for Locational ICAP

LCG, September 1, 2004--ISO New England filed testimony yesterday with the Federal Energy Regulatory Commission (FERC) regarding the development of ISO New England's proposed Locational Installed Capacity (Locational ICAP) market, which is designed to attract new generation on a locational basis to improve electric reliability.

The new testimony follows ISO New England's filing of March 1, 2004, which included a proposal to create four ICAP Regions: Northeast Massachusetts-Boston, Maine, Connecticut, and Rest of Pool. In the subsequent FERC Order issued on June 2, the FERC proposed the division of the Connecticut Region into two locational ICAP Regions (Southwest Connecticut and Rest of Connecticut), to which the ISO agreed in a July 2 compliance filing.

In the June 2 Order, the FERC accepted ISO New England's proposed sloping demand curve and the locational market design; however, it rejected the transition plan and set three general issues for hearing: the parameters of the demand curve, Capacity Transfer Limits (CTLs), and capacity transfer rights (CTRs). The ISO's latest testimony addresses these issues, including a refined analysis of the estimated cost of new, peaking generation in New England.

ISO New England anticipates a final decision on the market's design from the FERC in June 2005 and implementation on January 1, 2006.

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