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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 Jersey Okays First Energy Takeover of GPU

LCG, Sept. 27, 2001--The New Jersey Board of Public Utilities yesterday approved First Energy Corp's. proposed $4.5 billion acquisition of GPU Inc., a GPU official said.

Ned Raynolds, a spokesman for GPU, said the New Jersey regulators voted 2-1 in favor of the merger, which will create an electric distribution and transmission utility stretching from Toledo, Ohio to the Jersey shore.

Yesterday's vote was taken on a settlement the two companies reached last month with New Jersey officials and electricity customers dealing with financial technical matters surrounding the merger.

The merger is expected to result in about 1,250 job cuts, mostly in GPU's Pennsylvania service territory. About 300 jobs in New Jersey may ultimately be lost.

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