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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

Southern Company Withdraws Request for Loan Guarantee for Kemper County Coal Project

LCG, April 5, 2013--Southern Company announced that it has withdrawn its request for a $1.5 billion loan guarantee from the U.S. Department of Energy (DOE) for its Kemper County coal project, which is currently under construction by its subsidiary, Mississippi Power. The company concluded that lower-cost financing could be obtained relative to what it expected from the DOE.

"Mississippi Power has secured financing at a lower rate than our certified projected Department of Energy loan, reducing overall costs to customers," stated a Southern Company spokesperson. Furthermore, the spokesperson stated that Southern's withdrawal of its load request is not related to recent actions of the Mississippi Public Service Commission related to rate increases and paying off project debt prior to commencement of operations.

Plant Ratcliffe, located in Kemper County, Mississippi, is a 582-MW IGCC (Integrated Gasification Combined Cycle) project. In December 2010, Mississippi Power held the ground breaking ceremony for the project, and the estimated cost of the project was then $2.4 billion, and operations were targeted to commence in 2014. The project cost is now estimated to be over $3.2 billion, and there is a May 2014 deadline to start service to retain certain tax incentives.
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