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The Nuclear Company Announces a 6.6 GW Nuclear Project to Commence Construction by 2030 in Kentucky

LCG, October 21, 2026--The Nuclear Company today announced a proposed nuclear energy campus in Kentucky that could potentially provide 6.6 GW of electric generating capacity. The Prosperity One nuclear energy campus, located along the Ohio River in eastern Kentucky, could accommodate up to six Westinghouse AP1000 reactors and would be the largest nuclear power generation site in the nation if fully constructed.

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FERC Proposes NEPA Revisions to Streamline Air Quality Analyses and Accelerate Natural Gas Projects

LCG, October 16, 2026--The Federal Energy Regulatory Commission (FERC) announced on Thursday its new proposal to revise and accelerate its review of air quality effects for proposed natural gas projects under the National Environmental Policy Act (NEPA). The draft policy statement highlights revisions designed to (i) avoid unnecessary delays and duplicative analysis and (ii) deliver greater regulatory certainty and a streamlined path forward for project applicants.

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Industry News

PG&E Gets 4-Month Recovery Plan Extension

LCG, July 24, 2001The U.S. Bankruptcy Court in San Francisco yesterday granted Pacific Gas & Electric Co. a four-month extension to file a Chapter 11 recovery plan without interference from creditors groups.

Companies that have filed for protection from creditors under Chapter 11 have the sole right to offer a recovery plan for the first 120 days after filing for bankruptcy, a period that would have expired for PG&E on August 6. If bankruptcy Judge Dennis Montali had not granted the extension, creditors, shareholders and others could have presented their own plans.

PG&E officials said when they asked for the extension on July 3 that the additional time was warranted because of the complexity of the case. The utility's bankruptcy is believed to be one of the largest ever.

"We want to make sure we develop a plan of reorganization that will reaffirm the company's financial health and that is in the best interests of the creditors and all parties," said PG&E spokesman Ron Low.

A committee representing unsecured creditors said in court papers that it "firmly believes that all parties in interest should move quickly and provide assurance that any filed plan will pay creditors in full and remedy PG&E's various issues and problems."
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