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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

Armenia Privatizes Energy Industry

LCG, August 27, 2002Yesterday the government of Armenia agreed to sell 81 percent of its electricity system to Midland Resources Holding, Ltd.

The British company will share ownership of the system with the European Bank for Reconstruction and Development.

Of five companies interested and qualified to purchase Armenias electricity assets, only Midland Resources retained interest in buying.

After the Soviet breakdown, Armenia had capacity for only as little as 2 hours per day worth of electricity for some years.

The 81 percent of shares went for $37.15 million.

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