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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

California's Trans Bay Cable Gains Momentum

LCG, September 9, 2005--Babcock & Brown Power Operating Partners LLC announced yesterday that it received preliminary approval from the directors of the California Independent System Operator (ISO) for its proposed Trans Bay Cable, a $300 million electric transmission project designed to improve grid reliability and service to San Francisco.

The proposed high voltage direct current (HVDC) cable will extend 55 miles from Pittsburg to San Francisco via an underwater route in the San Francisco Bay and will be capable of delivering up to 400 MW into San Francisco. The project is scheduled to commence operations in 2009. Once completed, the operational control will be transferred to the California ISO.

Babcock & Brown Power Operating Partners LLC stated that approval from the California Public Utilities Commission (CPUC) is not necessary, as the other project participants, the City of Pittsburg and Pittsburg Power Co., are not regulated by the CPUC. Environmental approval is still required in order for construction to begin. On July 21, the Federal Energy Regulatory Commission (FERC) gave preliminary approval for the underlying rate principles.

Babcock & Brown Power Operating Partners LLC is a unit of Australia's second-largest investment bank, Babcock & Brown Ltd., which is based in Sydney.

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