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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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PRESS RELEASES

LCG Unveils 2nd Edition of 2025 ERCOT Electricity Market Outlook (3/20/2025)

LCG, March 20, 2025 – LCG Consulting (LCG) has released a second edition of its annual outlook of the ERCOT wholesale electricity market for 2025, highlighting the region's rapid transition toward increased reliance on renewable energy resources and battery storage.
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Previous Press Releases

LCG Unveils 2nd Edition of 2025 ERCOT Electricity Market Outlook (3/20/2025)
LCG Publishes 2025 Annual Outlook for Texas Electricity Market (ERCOT) (8/14/2024)
LCG Publishes 2024 Annual Outlook for Texas Electricity Market (ERCOT) (10/10/2023)
LCG CONSULTING PREDICTS FUTURE VALUE OF EVERY PATH AVAILABLE IN THE 2024 CAISO CRR AUCTIONS (9/12/2023)
LCG Publishes 2023 Annual Outlook for Texas Electricity Market (ERCOT) (6/10/2022)
EIA Releases Study on Drought Effects on California Electricity Generation and Power Market using UPLAN Model (6/10/2022)
LCG Publishes 2022 Annual Outlook for Texas Electricity Market (ERCOT) (2/8/2022)
LCG Publishes 2021 Annual Outlook for Texas Electricity Market (ERCOT) (3/11/2021)
Winter Storm Event Decimates Texas Power Supply (2/18/2021)
2021 Will Present New Challenges for Congestion Revenue Rights (CRRs) in CAISO (9/4/2020)
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