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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

IPL Receives Favorable Decision from IUB for Wind Farm Development

LCG, February 8, 2008--The Iowa Utilities Board (IUB) yesterday issued a decision approving a return on equity of 11.7 percent for up to 200 MW of wind development in Iowa planned by Interstate Power and Light Company (IPL), a subsidiary of Alliant Energy Corporation.

IPL plans to commence building the Whispering Willow Wind Farm in Franklin County, Iowa next year, with construction scheduled for completion in 2010. The electric generating capacity of the project is 200 MW, and the estimated project cost is $400 million to $450 million. The project will be IPL's first, company-owned wind farm. IPL has the ability to develop an additional 300 MW of wind power at an adjacent site given an acquisition from Iowa Winds, LLC. earlier this month.

IPL filed an application in September 2007 with the IUB concerning the proposed wind farms in Iowa. IPL requested approval that the proposed ratemaking principles were reasonable prior to committing to the project.

The IUB's decision approved the terms of a settlement agreement between IPL and the Iowa Office of Consumer Advocate that includes a return on equity of 11.7 percent and a 25 year depreciation life for up to 200 MW of wind capacity developed in Iowa by IPL.

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