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DOE Announces New Path to Test Advanced Nuclear Reactors

LCG, June 18, 2025--The U.S. Department of Energy (DOE) announced late today a new pilot program to expedite the testing of advanced nuclear reactor designs under DOE authority outside of the national laboratories. The new pilot program is intended to unlock private funding and provide a fast track to commercial licensing.

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X-energy Announces Receipt from NRC of Schedule for Xe-100 Construction Permit Application

LCG, June 17, 2025--X-energy Reactor Company, LLC (X-energy) announced yesterday that it has received key updates from the U.S. Nuclear Regulatory Commission (NRC) regarding the construction permit application for the initial deployment of the Xe-100 advanced reactor at a Texas Gulf Coast site. The NRC published an 18-month review timeline for the project, located in Seadrift, Texas, and will concurrently proceed with its environmental assessment. The NRC cited the completeness and quality of the application, as well as the effectiveness of pre-application engagements for the 18-month timeline.

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Industry News

Canadian Plan Could Put Some Gas Wells Off-Limits

LCG, July 7, 2003--The announcement by the Alberta Energy and Utilities Board (AEUB) that gas wells in northestern Alberta could be shut in led to a three-day gathering last week of gas producers and developers of oilsands for hearings by the board.

In many locations, natural gas and oilsands are found layered on top of one another, and therefore, those planning to extract either resource will be affected by the final decision. Based on current scientific knowledge, the degree to which they would be harmed or benefitted is under debate. The board bases its proposal on the idea that extraction of gas will decrease pressure that is needed to extract oilsands.

Various oilsands developers are on opposite sides over the decision, which would affect roughly 900 wells, or 2 per cent of Alberta's remaining reserves. Some developers of oilsands, such as Imperial Oil, Petro-Canada and Nexen Inc., do not oppose the plan. Some of these companies would plan to use steam to force oilsands out of the ground. Petro-Canada is concerned that if the proposal is not enforced, the company could lose the ability to extract between 600 million and 1.5 billion barrels.

The question of how the board arrived at its decision and whether it was fair was raised by Paramount Energy Trust, which has said compensation awarded for the loss of its access to gas wells could be substantial. Petrocan estimates the bitumen deposits' value greatly outweighs the value of natural gas, representing "over a trillion dollars' worth of bitumen".
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