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NeuVentus Receives Storage Permits for its Texas Reliability Underground (TRU) Hub Salt Cavern Storage Project

LCG, April 4, 2025--NeuVentus, LLC ("NeuVentus") announced this week the receipt of a final order from the Railroad Commission of Texas (RRC) that grants a subsidiary of NeuVentus authority to create and operate 12 salt caverns for storage of a variety of gases (including natural gas and hydrogen) and liquids at its Texas Reliability Underground Hub ("TRU Hub") salt cavern storage project located in Liberty County, Texas.

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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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Industry News

FPL's West County Energy Center Clears Hurdle

LCG, February 8, 2006--Florida Power & Light Company (FPL) yesterday announced that its West County Energy Center proposal was selected as the energy supply to meet the growing power needs of FPL customers. The project, estimated to cost $1.2 billion, was determined to be the best alternative following a competitive bidding process established by the Florida Public Service Commission (FPSC).

The West County Energy Center proposal is to construct a gas-fired, combined cycle plant located in western Palm Beach County. The proposed plant consists of two, 1,200-MW units, with the first unit scheduled to be operational in 2009 and the second unit by June 2010. There is an option to build a third unit on the 220-acre site.

FPL plans to file for a Determination of Need petition with the FPSC by the end of March 2006. If the petition is approved by the FPSC, a decision may be rendered by mid-2006. The next steps identified by FPL are to seek approvals for environmental permits and a review before the Governor and the Florida Cabinet Siting Board.

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