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EPA Announces Proposed Rule Action to Revise ELG's and Support Reliable, Affordable Coal-fired Power Plants

LCG, May 14, 2026--The U.S. Environmental Protection Agency (EPA) announced today that it is proposing a rule to revise wastewater limits, known as effluent limitations guidelines (ELG), for steam electric power plants that will help improve grid reliability and lower electricity prices while continuing to support clean and safe water resources. If finalized, the EPA's proposal is estimated to reduce electricity generation costs by as much as $1.1 billion annually, which could provide cost-savings to American consumers.

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DOE Awards $94 Million to Eight American Companies to Accelerate SMR Deployments and Develop Supply Chain

LCG, May 14, 2026--The U.S. Department of Energy (DOE) today announced the selection of eight companies to support the near-term deployment of advanced light-water small modular reactors (SMRs) in the United States. The DOE states that awardees will collectively receive more than $94 million in Federal cost-shared funding to spur additional Gen III+ SMR deployments by addressing key gaps that have hindered the domestic nuclear industry in licensing, supply chain, and site preparation.

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Industry News

Southern in Deal to Bid on Enel Generation Unit

LCG, July 28, 2000--The Southern Co. of the U.S. and Italian conglomerate CIR said in a joint statement this morning that they "will create a consortium with the aim of buying one of the generatingcompanies that (Italys state-owned electric company) Enel must sell in the upcoming months."

Under rules adopted by the European Commission, Enel will have to divest itself of some 15,000 megawatts of generation by 2003. On order to do so, the company is forming separate generation companies grouping its power plants.

In their statement, Southern and CIR said "The two largest companies, Eurogen of 7,000 megawatts and Electrogen of 5,400 megawatts, are particularly interesting."

Southerns investment would be made through its Southern Energy subsidiary, which already has a European presence with its majority interest in Germanys Bewag and a power trading company in The Netherlands.

"CIR and Southern Energy intend to develop their generating activity and commercialization of energy to create one of the leading Italian groups and an important operator at a European level," the statement said.

Southern Energy may also build new natural gas-fired power plants in Italy, the statement added.

CIR would make its investment through a subsidiary, Energia Italiana.

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