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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

KCP&L's Cost Estimate for New Coal Unit Rises

LCG, May 9, 2008--Kansas City Power & Light (KCP&L) yesterday released a new, increased cost estimate for Iatan 2 of $1.82 - $1.92 billion, or about a 15 percent increase from the most recent estimates of December 2006. Prior to an increase in the design capacity, a "preliminary conceptual" estimate prepared in 2005 targeted the cost at $1.3 billion. Construction of the 850-MW, coal-fired unit located near Weston is scheduled for completion in the summer of 2010.

KCP&L president Bill Downey stated, "I think this is as good and accurate of a forecast as can be put together....This is an industry under extreme pressure with regard to labor (and material) costs." When more of the project engineering is completed at the end of the year, a new cost estimate may be released.

The head of the Missouri Office of Public Counsel stated that the new cost estimate should not be accepted without careful review.

KCP&L, a wholly owned subsidiary of Great Plains Energy Inc., owns 70 percent of Iatan 1 and 55 percent of Iatan 2, which is co-owned with Aquila and Empire District Electric.
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