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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

Arizona Public Service To Contest Treatment of Construction Costs

LCG, Aug. 28, 2002--Following a decision by the Arizona Corporation Commission (ACC) that Arizona Public Service (APS) will not be required to divest generation assets, the largest utility in Arizona will seek to insure recovery of costs expended on recent plant construction.

The Arizona Corporation Commission, which is much like other states' public utility commissions, removed the provision concerning divestiture that had been part of state restructuring legislation enacted in 1999. APS's regulated unit has not been allowed to build plants, although five generating units were built by the deregulated affiliate Pinnacle West Energy to guarantee reliability. Pinnacle West and APS are subsidiaries of the Pinnacle West Capital Corporation.

The ACC's decision to no longer require divestiture by APS was part of a broader ruling that recognized the decreasing likelihood that deregulation of the retail power market will take place in Arizona. "While we understand the comlexity of issues facing the ACC, we are hopeful that when all factors are considered, the Commissioners will reassess their decision and consider the negative imact it will have on the treatment of these assets," the chairman and CEO of APS and Pinnacle West Capital Corporation, Bill Post, said. Eight power plants were to be transferred from APS to Pinnacle West Energy. Five generating units at the Redhawk, West Phoenix and Saguaro plants have been built by the deregulated affiliate.
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