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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

Enron Threatens to Back Out of India Project

LCG, April 10, 2001Enron Corp. of the U.S. yesterday issued to the Indian state of Maharashtra a "political force majeure" notice, constituting a warning that it could withdraw from the $3 billion Dabhol Power Project, where it is locked in a bitter payments dispute with the Maharashtra State Electricity Board.

The 2,364 megawatt plant represents the largest foreign investment in India. Enron's possible exit would damage India's credibility with foreign investors, especially after four other companies withdrew from Indian power projects because of endless red tape and corruption on the state electricity boards.

The U.S. firm Cogentrix withdrew from a project in December 1999 after waiting seven years for approvals that never came. Those approvals might have been received promptly had Cogentrix been willing to bribe government officials.

Enron is owed 2.25 billion rupees ($48 million U.S.) by the MSEB for December power deliveries, and had to resort to India's sovereign guarantees to get paid for October and November. The MSEB countered by fining Enron 4.02 billion rupees for "technical under-performance" and told Enron it could deduct the past due electric bill from its fine.

Enron said the MSEB's fine was "frivolous and a diversion."

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