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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

Southern to Acquire 299-MW Wind Project in Oklahoma

LCG, April 1, 2015-Southern Company subsidiary Southern Power announced yesterday an agreement to acquire its largest renewable electric generating facility and first wind project - the 299-MW Kay Wind facility in Oklahoma - from Apex Clean Energy. The acquisition is scheduled to close late this year following the successful completion of the project, which is located north of Oklahoma City. The acquisition is part of Southern Power's business strategy of growing the wholesale business in targeted markets through both acquiring generating assets and building new units, the output of which is significantly covered by long-term contracts.

The power and associated renewable energy credits (RECs) produced by the wind farm will be sold under 20-year power purchase agreements (PPAs) with Westar Energy, Inc. in Kansas and Grand River Dam Authority (GRDA) in Oklahoma. Westar has contracted for approximately 199 MW and GRDA has contracted for approximately 100 MW. Both companies will have the option to either retain or sell the RECs.

Southern Company's Chairman, President and CEO stated, "Southern Company first earned a reputation as a national leader in renewables through Southern Power's investments in utility-scale solar. Through the acquisition of the Kay Wind project - the Southern Company system's first wind facility and largest renewable energy project to date - we are further diversifying our generation portfolio by expanding to a region with abundant wind resources."

The Kay Wind project will be operated and maintained by Apex Clean Energy and is expected to achieve commercial operation in the fourth quarter of 2015. Siemens will provide 130 wind turbines for the project, including equipment, support for the installation and long-term service for the SWT-2.3-108 wind turbines. Blattner Energy, Inc. will serve as the engineering, procurement and construction (EPC) contractor.

With the addition of the Kay Wind project, Southern Power will own more than 970 MW of renewable energy generating capacity that is either already in operation or under development.
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