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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

Southern Union Shareholders Back Acquisitions

LCG, Aug. 31, 2000Shareholders of Southern Union Co., a natural gas company serving more than 1.2 million customers in four states and Mexico, have approved the acquisition of Providence Energy Corp. of Rhode Island and Fall River Gas Co. of Massachusetts, the company said yesterday.

These acquisitions, along with that of Valley Resources Inc., will add more than 300,000 customers to Southern Union, bringing its customer base to approximately 1.6 million. On Tuesday, Fall River Gas shareholders approved that merger agreement while Providence Energy and Valley Resources shareholders had approved their transactions earlier.

" These positive shareholder responses reflect a vote of confidence that our strategy of enhancingcustomer service while building shareholder value continues to succeed in this changing environment," said Southern Union President and Chief Operating Officer Peter H. Kelley.

Southern Union serves customers in Texas, Missouri, Pennsylvania, Florida and Mexico. Its natural gas operating divisions include Southern Union Gas Co., Missouri Gas Energy Co., PG Energy and Atlantic Utilities Inc.

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