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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

Nevada Power's Chuck Lenzie Generating Station Fully Operational

LCG, April 19, 2006--The Nevada Power Company, a subsidiary of Sierra Pacific Resources, announced yesterday that the second of two, 580-MW, electric generating plants at the Chuck Lenzie Generating Station has commenced commercial operations well ahead of the June 30, 2006 target.

The new, gas-fired, Chuck Lenzie Generating Station is located about 20 miles northeast of Las Vegas in the Moapa Valley. Each of the two plants at the station includes two combustion turbines, a steam turbine and two heat recovery steam generators operating in combined-cycle mode. The station receives gas from the Kern River Pipeline.

The facility, formerly known as the Moapa Power Plant, was purchased from Duke Energy Corporation in October 2004, when the project was about 50% complete. In an order related to the plant, the Public Utilities Commission of Nevada (PUCN) allowed for an additional one percent rate of return incentive for timely completion of the plant. Specifically, the plant's two units were to be on line by March 31, 2006, and June 30, 2006.
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