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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

Indiana Commission Authorizes Duke IGCC Project

LCG, November 21, 2007--Duke Energy yesterday received authorization from the Indiana Utility Regulatory Commission to proceed with the construction of a 630-MW coal-fired power plant that will use an advanced, integrated gasification combined cycle (IGCC) technology. Duke must still receive an air permit from the Indiana Department of Environmental Management. If received, construction may commence in 2008, with full operations achieved in early 2012.

The proposed project will be built at Duke's existing Edwardsport Generating Station near Vincennes, Indiana. Once the new plant is operational, the old facilities, which include coal and oil units that have a capacity of 160-MW, would be retired.

The IGCC design employed for the plant includes coal gasification. Synthetic gas created from coal is used in a gas turbine to generate electricity. The hot exhaust gas from the turbine heats water to produce steam to power a steam turbine and generate electricity a second time. The gasification process offers the potential for lower cost solutions to capture and sequester CO2, which may assist in efforts to thwart global warming.

The estimated cost of the plant is roughly $2 billion, which will be offset by over $460 million in local, state and federal tax incentives.

Duke filed an application for a "Certificate of Public Convenience and Necessity" (CPCN) with the Commission to build the plant in September 2006. Duke must justify and seek approval in a separate proceeding to recover any costs above the approved $1.985 billion.

The Commission directed Duke to proceed with its plans to develop carbon capture and storage studies and to file a proceeding with the Commission to establish that process in six months.
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