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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

Newsmakers

Constellation Energy Group's chief financial officer Follin Smith announced that Constellation Generation Group's new chief financial officer will be James K. Walkington. Walkington was vice president and chief financial officer of the Raymond Professional Group, Inc. starting in 2001, and from 1995 to 2001, was vice president of financial services for Commonwealth Edison Company.

Cliff Thrasher will serve as vice president, chief financial officer and comptroller of Southern Company Generation and Energy Marketing, a unit of Southern Company that manages and generates electricity for the company's retail customers and markets energy in the competitive wholesale supply business.

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