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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

British Energy Sells Retail Electric Supply Business

LCG, Aug. 7, 2000--British Energy Plc, the largest United Kingdom nuclear power generator, has sold its residential electricity and gas supply business to Scottish and Southern Energy, the Financial Times of London reported this morning.

The 210 million ($316 million U.S.) cash sale of Swalec will allow British Energy to focus on wholesale contract sales and direct sales to industrial and commercial customers ahead of the introduction of new electricity trading arrangements in November, the paper said.

Scottish and Southern has also signed a 10-year power purchase agreement to buy 10 terawatt hours of electricity a year from British Energy for the first five years, falling to 7.5TWh a year thereafter.

Peter Hollins, British Energys chief executive, said the new power trading scheme had made residential marketing unattractive to his company. "Through the deal announced today, we have sold our retail business to a good home and have secured a long-term take-off contract for around 20 per cent of our output in England and Wales," he said.

Swalec has 850,000 electricity and 300,000 natural gas customers. The deal will push Scottish and Southerns total customer numbers to the critical 5 million level thought to be needed to compete in the UK supply market, the Financial Times said.

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