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FERC Releases the 2025 Summer Assessment for Energy Markets and Electric Reliability

LCG, May 15, 2025--The Federal Energy Regulatory Commission (FERC) announced today the release of the staff’s 2025 Summer Assessment on the outlook for energy markets and electric reliability during the June to September time frame.

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NRC Accepts Construction Permit Application for Dow's Advanced X-energy SMR Project in Texas

LCG, May 14, 2025--The U.S. Nuclear Regulatory Commission (NRC) accepted Dow's construction permit application to build X-energy Reactor Company, LLC's ("X-energy") first small modular reactor (SMR) plant to power a chemical facility in Seadrift, Texas. Dow's wholly-owned subsidiary, Long Mott Energy LLC, is developing the project to provide Dow's UCC1 Seadrift Operations manufacturing site with safe, reliable, and clean power and industrial steam to replace existing energy and steam assets that are approaching end-of-life. The project is part of a demonstration project supported by the U.S. Department of Energy (DOE) and, if approved, would be the first advanced nuclear facility at an industrial site in the United States.

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Industry News

Drought Affects Output at Southeastern Power Plants

LCG, Aug. 27, 2002--Hydropower and fossil-fueled electric plants are being forced to cut their output as a drought is in its fourth year in the Southeastern U.S.

Some utilities that have been accustomed to selling excess power produced cheaply at hydropower facilities to others outside the region have cut production in order to be able to continue producing for their customers. Duke Energy and Carolina Power & Light have cut hydropower output by between 70 and 80 percent, as rivers and lakes are lower than normal by an amount equal to an entire year's rainfall.

Thermal plants running on coal, oil, natural gas or nuclear fuel are also restricted due to lower-than-average levels of cooling water. At a coal plant owned by Duke, the neighboring river is 25 feet below normal.

While hydroelectric facilities make up 1 percent of CP&L's generation portfolio, their relatively low cost means that the impact of the drought is disproportionately severe in terms of profitability.
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