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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

CPV, GE and ArcLight Announce Financial Closing for Woodbridge Energy Center

LCG, September 23, 2013--Competitive Power Ventures (CPV), GE Energy Financial Services and ArcLight Capital Partners (ArcLight) announced Friday that they have closed financing for the $842 million CPV Woodbridge Energy Center in New Jersey. Project construction on the 700-MW, natural gas-fired, combined cycle facility is scheduled to commence this quarter, with commercial operation as early as the first quarter of 2016.

The project is owned by CPV, ArcLight and Toyota Tsusho and will be operated by an affiliate of ArcLight. GE is providing financing, technology and services, including a 16-year contractual services agreement (CSA). According to the announcement, the project capacity is expected to be sold through 15-year Standard Offer Capacity Agreements (SOCA) with New Jersey utilities, and energy through a hedge.

GE will deliver its FlexEfficiency* 60 combined-cycle technology and engineering services for the project. The package includes two, fast-start 216-MW 7F 5-series gas turbine generators, one D-11A steam turbine generator in a "2x1" configuration and two duct-fired, triple-pressure reheat heat recovery steam generators (HRSGs).

The CPV Woodbridge Energy Center will convert a former chemical plant site into a power generation facility.

CPV's president stated, "Land reclamation, environmental benefits, strong community acceptance, a powerful economic impact and labor support: This project is what smart energy development looks like in 2013."
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