The Victoria County Nuclear Power Plant Project is a proposed two-unit nuclear power plant, in Victoria County, Texas. If built, the facility would occupy an 11,500-acre (47 km²) site in McFaddin, an unincorporated community south of Victoria. Plant structures would occupy about 300 acres (120 ha) and a man-made lake for plant cooling would cover about 4,900 acres (20 km²).

Exelon filed the Combined Construction and Operating License (COL) application for the plant on September 3, 2008 with the Nuclear Regulatory Commission (NRC). Originally, the plant would have had two GE–Hitachi Economic Simplified Boiling Water Reactors (ESBWRs) which between them would generate over 3,000 MWe. The model is currently in the process of design certification by the NRC. The application reportedly cost $23 million to prepare and file.

Exelon later decided to change reactor design, choosing the established GE 1,350 MWe Advanced Boiling Water Reactor (ABWR) instead, which is also to be built at the South Texas Project.

In July 2009, Exelon announced that it was suspending its COL application. "We are not leaving Victoria," said Exelon's Thomas O'Neill, "But today's economic realities compel us to defer any decision on construction for a while." Exelon will continue to pursue the Early Site Permit (ESP) for the station, under which the NRC would certify that the site meets the criteria of site safety, environmental impact, and emergency planning.

In March 2010, Exelon announced that it was formally withdrawing its COL application, while submitting its application for an early site permit (ESP). The NRC's review of the ESP application is expected to take three to four years. If Exelon later decides to revisit the project, having the ESP in hand would simplify and shorten the licensing procedure.