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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

New York Increases Funding for Solar PV Grants

LCG, December 20, 2013--The Governor of New York announced Thursday an additional commitment of $108 million in funding over the next two years for residential and commercial solar energy projects under the NY-Sun initiative. The additional funds increase the New York State Energy Research and Development Authority's (NYSERDA) total budget for the next two years to $216 million. The Governor started the NY-Sun initiative in 2012 to increase the amount of solar power installed annually at customer sites in New York State.

The Public Service Commission (PSC) approved the new funding yesterday, and the decision authorizes NYSERDA to plan a transition of its current solar programs to a regional megawatt block structure that includes a longer-term schedule for incentive rebate levels that change according to a predetermined set of targets; as more megawatts are installed, the per-megawatt rebate level falls. As part of this transition, NYSERDA will continue to set aside $30 million to increase solar installations in the downstate regions. The remainder of the $108 million will be allocated based on regional budgets and market conditions.

The Chairman of Energy and Finance for New York State said, "Providing greater certainty to the solar industry will lead to reduced costs and increased deployment. Together with the NY Green Bank and energy efficiency orders, this PSC approval reflects the underlying principles of our support for clean energy: to animate the markets and to achieve greater leverage of public funds for a cleaner and resilient economy."

PSC Chair stated, "The Commission recognizes the substantial opportunities that solar power offers residential and commercial customers to reduce electricity bills and improve the environment. We fully support the solar power goals set by the Governor?s NY-Sun initiative."
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