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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 Executive Receives Prison Sentence

LCG, September 11, 2003Ben Glisan, former treasurer for the Enron Corporation, was sentenced to five years in federal prison for conspiracy to commit wire fraud.

Glisan was sentenced yesterday after he plead guilty to one count of criminal wire fraud. He will forfeit $938,000 as illegally obtained revenue. He will also not receive any refund for the $412,000 he paid in income taxes last year.

Prosecutors were probably hoping to make a deal with Glisan in order to develop cases against Enrons big fish, particularly former chief executive Jeff Skilling and former chairman Ken Lay. However, Glisan has proved fairly uncooperative, and the Justice Department said they made no agreement.

Glisan worked under Andrew Fastow, Enrons former financial officer. In May, Glisan, Fastow, and former Enron employee Dan Boyle plead innocent to indictments addressing allegedly manipulative accounting.

Yesterday, however, Glisan announced that he participated in an off-balance sheet partnership, Talon, that involved $30 million in capital that came from Enron but was reported as outside capital. He noted that he and others planned to manipulate Enrons financial statements.

Over twenty people previously employed by or somehow related to Enron have been indicted. Six have plead guilty, but Glisan is the first to be sent to prison.

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