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News
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LCG, May 19, 2026--Avangrid, Inc., a member of the Iberdrola Group, today announced the signing of a long-term Power Purchase Agreement (PPA) with Puget Sound Energy (PSE) for the 199.5-MW Big Horn I wind project in Klickitat County, Washington. This agreement represents the fourth PPA executed by the two companies for projects in the Pacific Northwest.
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LCG, May 18, 2026--The U.S. Secretary of Energy today issued an emergency order to address critical grid reliability issues in the Midwest anticipated this summer. The order is in effect beginning on May 19, 2026, through August 16, 2026. The emergency order directs the Midcontinent Independent System Operator (MISO), in coordination with Consumers Energy, to ensure that the J.H. Campbell coal-fired power plant (Campbell Plant) in West Olive, Michigan shall take all steps necessary to remain available to operate and to minimize costs for the region.
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Industry News
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.
The proposed SMR project is being developed by Dow's wholly-owned subsidiary, Long Mott Energy LLC, to provide Dow's UCC1 Seadrift Operations manufacturing site ("Seadrift") with safe, reliable, and clean power and industrial steam that would replace existing energy and steam assets that are approaching end-of-life. The new nuclear power and steam assets would eliminate most Scope 1 and 2 emissions at the site to best ensure the site remains competitively advantaged for the life of the facility.
The SMR project is supported by the U.S. Department of Energy's (DOE) Advanced Reactor Demonstration Program ("ARDP"), which is designed to accelerate the deployment of advanced reactors through cost-shared partnerships with U.S. industry.
Since 2018, X-energy, and subsequently Dow, have worked with the NRC to demonstrate the safety profile of the Xe-100 advanced SMR through its advanced fuel design and passive safety features. This work has resulted in a comprehensive application submittal, which X-energy states exceeds NRC regulations for the protection of public health and safety, as well as the environment, with substantial safety features.
"The construction permit application is a critical step to deliver on the vision of Congress and DOE to position the U.S. at the forefront of commercializing advanced reactor technology," said the CEO of X-energy. "Together with our world-class partner, Dow, we will demonstrate how the technology deployed at Seadrift, Texas, can be quickly and efficiently replicated to meet incredible power demand growth across America."
Approval of the construction permit could take up to 30 months. Once the permit is received and upon Dow confirming the ability to deliver the project while achieving its financial return goals, construction could begin. Dow expects the cost of energy (net of all subsidies) to be competitive with other alternatives for firm, clean energy. X-energy's advanced SMR may be the first, grid-scale advanced nuclear reactor developed to serve an industrial site in North America.
"This is an important next step in expanding access to safe, clean, reliable, cost-competitive nuclear energy in the U.S.," said the business vice president of Energy & Climate at Dow. "We look forward to engaging with the NRC, DOE, our business partners and the community throughout the application process."
X-energy was selected by the DOE in 2020 to develop, license, and build an operational Xe-100 advanced SMR and TRISO-X fuel fabrication facility. Since that award, X-energy has completed the engineering and preliminary design of the nuclear reactor and has begun development and licensing of a fuel fabrication facility in Oak Ridge, Tennessee. Furthermore, X-energy has secured approximately $1.1 billion in private capital to commercialize its technology.
Dow's Seadrift site covers 4,700 acres and is located along the coast about 45 miles southeast of an existing nuclear plant in Texas, the 2,700-MW South Texas Project. Dow's Seadrift site manufactures over 4 billion pounds of materials per year used across a wide variety of applications including: food packaging and preservation, footwear, wire and cable insulation, solar cell membranes, and packaging for medical and pharmaceutical products.
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