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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

Enron Won't Increase Stake in India's Dabhol Project

LCG, Jan. 25, 2001Enron Corp. this morning scotched reports that it would increase its stake in Dabhol Power Co., the huge 2,184 megawatt power project in the Indian state of Maharashtra. The company said, in fact, that it will continue with plans to sell a portion of its ownership in the facility.

In a statement, Enron explained that plans laid out for the project four years ago specified that the U.S. company would own only 50 percent of Dabhol. Enron will have to sell about 15 percent of the project to meet that condition.

Yesterday, Indian newspapers reported that a government committee had approved a proposal by Enron to increase its ownership to 80 percent. The extra 30 percent sounds suspiciously like the 30 percent of Dabhol the Maharashtra Electricity Supply Board was supposed to own. The MSEB now owns 15 percent of Dabhol, but has said it would be unable to acquire the additional 15 percent now owned by Enron and has been disingenuous in recent statements about its part in Dabhol.

Enron said the newspapers could have misinterpreted a proposal it made about the second phase at Dabhol. "You can't look at the second phase as a separate unit. You have to look at Dabhol PowerCompany as a whole and there our stake today stands at 65 percent," an Enron spokesman said.

Enron India said the proposal was for the company to transfer 15 percent ownership in Dabhol to another Enron affiliate. "Technically, Enron is simply splitting its existing equity structure into two separate Enron-owned companies, one holding 50 percent of DPC equity and one holding 15 percent to facilitate the sell down," the company said.

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