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FERC Releases the 2025 Summer Assessment for Energy Markets and Electric Reliability

LCG, May 15, 2025--The Federal Energy Regulatory Commission (FERC) announced today the release of the staff’s 2025 Summer Assessment on the outlook for energy markets and electric reliability during the June to September time frame.

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NRC Accepts Construction Permit Application for Dow's Advanced X-energy SMR Project in Texas

LCG, May 14, 2025--The U.S. Nuclear Regulatory Commission (NRC) accepted Dow's construction permit application to build X-energy Reactor Company, LLC's ("X-energy") first small modular reactor (SMR) plant to power a chemical facility in Seadrift, Texas. Dow's wholly-owned subsidiary, Long Mott Energy LLC, is developing the project to provide Dow's UCC1 Seadrift Operations manufacturing site with safe, reliable, and clean power and industrial steam to replace existing energy and steam assets that are approaching end-of-life. The project is part of a demonstration project supported by the U.S. Department of Energy (DOE) and, if approved, would be the first advanced nuclear facility at an industrial site in the United States.

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Industry News

Power Supply Contract Contested by CA Agency is Upheld

LCG, May 21, 2003--A contract signed by the California Department of Water Resources to buy power from Sempra Energy for 10 years is valid, the San Diego Superior Court ruled in a summary judgement.

The Department of Water Resources (DWR) signed the agreement in 2001, but later claimed that it had been given incorrect indications concerning Sempra Energy's obligations under the contract, especially concerning where and from what source power would be supplied. The state agency will be given 60 days in which to appeal the ruling once the final judgement is issued.

"We are very pleased with today's ruling and the court's confirmation that the contract provides the flexibility to supply power from either company power plants, the marketplace or any combination of sources," Donaled E. Felsinger, group president, Sempra Energy Global Enterprises, said.

In the ruling, Judge Wayne L. Peterson of the Superior Court of California, County of San Diego, said "The contract cannot reasonably be interpreted the way DWR has elected to interpret it." DWR threatened last year to void its $7 billion deal with Sempra in the spring of 2002, when it asserted that Sempra should make "commercially reasonable" efforts to bring a 300-megawatt power plant near Bakersfield, called Elk Hills, on line. It objected to Sempra obtaining power on the open market to satisfy the contract.

Sempra will have approximately 1,500 megawatts of new capacity on commercial status within several weeks.
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