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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

Ontario Announces C$7 Billion Agreement for Renewables

LCG, January 22, 2010--The Ontario government yesterday announced that it signed an agreement with a Korean consortium to invest C$7 billion to generate 2,500 MW of wind and solar power.

The consortium, led by Samsung C&T Corporation and the Korea Electric Power Corporation (KEPCO), will work with major partners to attract four manufacturing plants related to wind and solar technology for use in Ontario and export to the United States.

Dalton McGuinty, Premier of Ontario, stated, "Thanks to today's announcement, we will be delivering more green energy for Ontarians to use -- and more green energy products for North America to buy. With this step, Ontario is becoming the place to be for green energy manufacturing in North America."

McGuinty also stated, ?Above all this means that Ontario is officially the place to be for green energy manufacturing in North America? During the next several years the U.S. is going to build many many thousand of megawatts of energy from renewables. Someone is going to have to supply that technology.?

The massive new commitment toward renewable power follows revisions last year to Ontario Power Generation's (OPG) plans to close four coal-fired, power plants, with a combined generating capacity of 2,000 MW, four years ahead of schedule.
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