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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

Power Crisis Drives Service Provider from California Market

LCG, Dec. 21, 2000--New West Energy, the first energy service provider licensed to compete in California's deregulated electricity market, said yesterday it will get out of the retail electricity market in the state and turn its customers back to their local utilities.

"If you can't stand the heat, get out of the kitchen," President Harry S. Truman said.

New West said the move is in response to recent regulatory changes and the growing financial uncertainty of California's two largest utilities, Pacific Gas & Electric Co. and Southern California Edison Co., both of which have incurred billions of dollars in excess power purchase costs.

"The regulatory changes, current supply shortages, price volatility and the vulnerability of the utilities have had the effect of imposing unmanageable financial risks to energy service providers, including New West Energy," said managing director Robert S. Nichols, clearly feeling the heat.

Nichols said New West would become an "energy advisor." These days, everyone is an energy advisor.

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