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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

Connecticut AG Opposes ISO-NE's Latest Proposal

LCG, September 8, 2004--ISO New England's (ISO-NE) latest proposal to the Federal Energy Regulatory Commission (FERC) to include two locational ICAP (Installed Capacity) markets in Connecticut is opposed by Connecticut Attorney General Richard Blumenthal, who estimates customers in the Southwest Connecticut market could annually pay as much as $100 million more for power. "It provides a windfall to power-plant owners and higher rates charged to one area of the state without any benefit to consumers."

The locational ICAP markets are designed to attract new generation on a locational basis, i.e., where it is needed given the location of load and transmission lines, to improve electric reliability. ISO-NE's original proposal of March 1, 2004 included four ICAP Regions: Northeast Massachusetts-Boston, Maine, Connecticut, and Rest of Pool. In response to specific directives from the FERC, the latest testimony submitted by ISO-NE splits Connecticut into two locational markets (Southwest Connecticut and Rest of Connecticut), recognizing the current transmission limitations.

In the long run, if generation is attracted (consistent with the objective of the market design) and/or transmission upgrades - such as the proposed Middletown-Norwalk transmission upgrade - occur, then the locational markets would see similar prices and could even be combined. However, electric infrastructure additions in Connecticut have been slow to occur at best.

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