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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

State Okays Dayton Power & Light Sale of Gas Assets

LCG, July 13, 2000--The Public Utilities Commission of Ohio has approved the sale by Dayton Power & Light Co. of its natural gas distribution assets to Vectren Corp., the curiously-named holding company for Indiana Gas Co. and Southern Indiana Gas & Electric Co.

As part of their ruling, the regulators ordered that Vectren adopt DP&Ls existing tariff for gas service. The business will operated under the name Vectren Energy Delivery of Ohio Inc.

Niel C. Ellerbrook, chief executive of Vectren, said "With the timely receipt of the PUCO order, we are one step closer to our goal of completing this acquisition and providing quality services to our new customers in Ohio."

The transaction still must be approved by the Securities and Exchange Commission under the Public Utility Holding Company Act. Other remaining approvals include the Federal Communications Commission's authorization of the transfer of radio licenses held by DP&L, and action by certain local authorities regarding the transfer of operating rights.

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