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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.

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.

Con Edison Faces State Challenge over Electric Rates

LCG, Aug. 24, 2000--New York State Attorney General Eliot Spitzer said in a brief statement this morning that he has filed an action against Consolidated Edison Inc. challenging the rates charged by its utility subsidiary for electricity this summer.

Alleging that Consolidated Edison Co. of New Yorks electricity prices this summer are about 30 percent higher than they were last summer, Spitzer said he wants to force the utility to roll back prices to last years level.

Con Edison has admitted that some $22 million of the extra money it has collected has been spent on replacement power for that lost by the shutdown in February of its Indian Point 2 nuclear power plant. Last week, the utility filed suit in the U.S. District Court for the Northern District of New York seeking an injunction against enforcement of a law that would prevent recovery from ratepayers of the $22 million.

Spitzers statement did not disclose the nature of his "action" or the venue in which it was filed. Those and other details will be provided at a news conference in his New York City office, the statement said.

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DOE Announces New Path to Test Advanced Nuclear Reactors

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

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Con Edison Faces State Challenge over Electric Rates