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The Nuclear Company Announces a 6.6 GW Nuclear Project to Commence Construction by 2030 in Kentucky

LCG, October 21, 2026--The Nuclear Company today announced a proposed nuclear energy campus in Kentucky that could potentially provide 6.6 GW of electric generating capacity. The Prosperity One nuclear energy campus, located along the Ohio River in eastern Kentucky, could accommodate up to six Westinghouse AP1000 reactors and would be the largest nuclear power generation site in the nation if fully constructed.

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FERC Proposes NEPA Revisions to Streamline Air Quality Analyses and Accelerate Natural Gas Projects

LCG, October 16, 2026--The Federal Energy Regulatory Commission (FERC) announced on Thursday its new proposal to revise and accelerate its review of air quality effects for proposed natural gas projects under the National Environmental Policy Act (NEPA). The draft policy statement highlights revisions designed to (i) avoid unnecessary delays and duplicative analysis and (ii) deliver greater regulatory certainty and a streamlined path forward for project applicants.

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Industry News

CA Bill Would Reduce PG&E Interest Cost

LCG, May 24, 2004--A bill passed by the California state Senate that would allow the utility Pacific Gas & Electric to lower its interest costs is now in the hands of Gov. Schwarzenegger.

Assuming that Schwarzenegger signs Senate Bill 772, by Senator Debra Bowen, D-Marina del Rey, the California Public Utilities Commission would then act to allow the utility to issue bonds to refinance a regulatory asset of $2.21 billion. "The quicker we act, the quicker the rates go down," Michael Peevey, the president of the PUC, told an investor conference this past wednesday.

The refinancing could result in savings in the amount of $1 billion from lower interest and tax payments. The asset to be refinanced was created in the course of PG&E's bankruptcy reorganization. Peevey expressed the belief that new bonds would be issued this year.
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