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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

Sempra Subsidiary and Dynegy Unit Strike Liquified Gas Deal

LCG, February 18, 2003-Newly conceived Sempra LNG Corporation will give $20 million to Dynegy Midstream Services L.P. in an initial payment to purchase the Hackberry liquefied natural gas project.

The total development costs for the Louisiana facility are expected to be around $700 million. The plant will have a 1.5 billion cubic feet per day capacity and a storage capacity of 10.4 billion cubic feet.

The Hackberry project must still meet antitrust approval but has received the preliminary OK from the Federal Energy Regulatory Commission. The project is expected to begin operations in the beginning of 2007.

Sempra Energy Internation has also proposed a Mexican LNG project in Baja California, some 14 miles north of Ensenada. This project, if completed, would bring another 1 billion cubic feet per day in capacity.

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