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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

California ISO Announces New "Go-Live" Date for MRTU

LCG, August 23, 2007--The California Independent System Operator (California ISO) yesterday announced a new "go-live" date of March 31, 2008 (for a trade date of April 1, 2008) for the implementation of the Market Redesign and Technology Upgrade (MRTU) program. The prior target was February 2008.

The MRTU is designed to improve the electricity market structure in California so as to enable a more efficient and competitive market to evolve.

Key elements of the MRTU include: a financially binding, day-ahead energy market; models for the California ISO to forecast and identify transmission congestion as a tool in managing congestion; Locational Marginal Pricing (LMP) to provide the proper economic signals to influence new generation and transmission investments; provisions to enhance the development of demand response and renewable resources, and upgrades to the aging ISO computer system.

The California ISO stated that numereous MRTU milestones have already been achieved, such as the launching into production mode the system for Congestion Revenue Rights (CCRs).

The Federal Energy Regulatory Commission (FERC) in September 2006 unanimously approved the MRTU program submitted by the California ISO. At that time, the MRTU was scheduled to be implemented in November 2007.
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The Locational Marginal Price Model (LMP) Network Power Model
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Day Ahead and Real Time Market Simulation
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