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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

South Jersey Gas Asks 19 Percent Residential Boost

LCG, Aug. 14, 2000--South Jersey Gas Co. on Friday asked the New Jersey Board of Public Utilities to approve a 19 percent increase in what it charges customers for natural gas. The company said it was just passing along higher market costs for the commodity.

The company said that during winter, an average residential heating customer in South Jersey using 200 therms of natural gas would see about a $33 monthly increase in his gas bill. Thats a night at the movies for a family of four.

South Jersey Gas said it concurs with the American Gas Association that current high prices are an aberration and will begin to reverse themselves over the next six to eight months. The company said it would pass reductions along as fast as they happen.

"Aggressive management of our natural gas supply portfolio insulated our customers from feeling the full brunt of the price spike," said South Jersey Gas president Charles Biscieglia. "It's our firm belief the market conditions that caused gas prices to rise are already changing. Also, we've ensured our natural gas supplies are sufficient to meet the needs of our customers for the coming winter and beyond."

He added "I want customers to know South Jersey Gas does not profit from the (rate boost) we filed for and everyone here is striving to keep costs down. As soon as we are able to lower this cost for our customers we will do so."

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