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EIA Analysis of Southwest Hydropower Generation Shows Record Lows and Slow Recovery

LCG, November 13, 2026--The U.S. Energy Information Administration (EIA) today issued an "In-Brief Analysis" highlighting the record lows for hydropower generation in the Southwest this summer. The prolonged drought conditions affecting the Colorado River Basin caused record low hydropower generation this summer in the Southwestern electricity supply region, which includes Arizona, New Mexico, and small parts of Nevada and California. Hydropower generation from April through August 2026 was a full 28 percent lower than the 10-year average and 19 percent lower than during the same period last year.

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NRC Issues Construction Permit for Long Mott High-Temperature, Gas-Cooled Reactor in Texas

LCG, November 11, 2026--The Nuclear Regulatory Commission (NRC) announced on November 9 that it has approved the Construction Permit Application ("CPA") for the Long Mott Generating Station in Texas. Long Mott Energy, LLC (LME) must obtain a separate operating license from the NRC before loading fuel or operating the reactors.

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Industry News

PG&E Utility Confirmation Hearing Postponed

LCG, August 7, 2002-The confirmation hearing regarding Pacific Gas & Electric Company's bankruptcy case was postponed after both the California Public Utilities Commission and the utility's parent PG&E Corporation requested a delay.

Last year the California utility declared bankruptcy. In order to repay over $13 billion in debts and restore the utility's credit rating, two reorganization plans were created. The Public Utilities Commission submitted a plan calling for the utility to remain within state control and pay its debt by way of bonds, stocks, and already available money. PG&E's plan involved splitting up the utility's assets into four parts and transferring three of the parts out of the state's control as unregulated companies.

Federal Bankruptcy Judge Dennis Montali ruled that creditors to the utility could submit votes as to which plan was favorable. These votes would be taken into consideration when the Judge made his decision.

The votes are due August 12, but the confirmation hearing has now been delayed until November 12.

Additionally, the Internal Revenue Service has determined that the utility's plan is a Section 368 tax-free reorganization.

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