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EIA Analysis of Southwest Hydropower Generation Shows Record Lows and Slow Recovery

LCG, November 13, 2026--The U.S. Energy Information Administration (EIA) today issued an "In-Brief Analysis" highlighting the record lows for hydropower generation in the Southwest this summer. The prolonged drought conditions affecting the Colorado River Basin caused record low hydropower generation this summer in the Southwestern electricity supply region, which includes Arizona, New Mexico, and small parts of Nevada and California. Hydropower generation from April through August 2026 was a full 28 percent lower than the 10-year average and 19 percent lower than during the same period last year.

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NRC Issues Construction Permit for Long Mott High-Temperature, Gas-Cooled Reactor in Texas

LCG, November 11, 2026--The Nuclear Regulatory Commission (NRC) announced on November 9 that it has approved the Construction Permit Application ("CPA") for the Long Mott Generating Station in Texas. Long Mott Energy, LLC (LME) must obtain a separate operating license from the NRC before loading fuel or operating the reactors.

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Industry News

El Paso Chief Exec to Resign

LCG, February 11, 2003-William Wise, chief exectutive officer of the El Paso Corporation, announced his resignation Monday, although he will stay on through this year.

El Paso Corporation, a natural gas pipeline company, has been facing severe debt, in addition to lawsuits, and last week declared $2.9 billion in asset sales as well as a large cut in annual dividends, from 87 cents to 16 cents per share.

Shareholders, including an investor group led by the largest single shareholder, Selim Zilhka, have been rallying for changes in the El Paso board and the replacement of the management team.

Wise has worked for El Paso for 33 years and as CEO beginning in 1990. He will stay on until a new CEO is found and keep his title as chairman through this year.

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