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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

Niagara Mohawk to Cut Power Delivery Charges

LCG, Aug. 17,2000--Niagara Mohawk Power Corp. said yesterday that the New York State Public Service Commission had approved its plan to lower electricity delivery prices for most of its customers beginning next month.

Residential and small commercial customers will see average electricity delivery price reductions of about 1.5 percent when compared to last September. The reduction would be on top of an average 1.7 percent delivery price cut over the last two years.

The companys largest industrial customers will see their delivery prices reduced by about 1.9percent when compared to a year ago.

William E. Davis, Niagara Mohawk's chairman and chief executive, said "These savings and New York state's important energy tax reductions will play a significant role in our efforts to promote economicdevelopment and competition across our service territory."

Total savings the three-year plan will come to about $600 million, including gross receipts tax reductions and discounts currently offered to Niagara Mohawk's largest customers under the company's flexible pricing programs, the company said.

Davis said the new pricing structure will allow customers to make more meaningful comparisons between Niagara Mohawks prices and those of other service providers.

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