EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

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.

Read more

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.

Read more

Industry News

Lawsuit Brought by PG&E Over Revenue Bond Sale

LCG, Oct. 21, 2002--A lawsuit brought on Thursday by Pacific Gas & Electric Co. questions assumptions built into the sale of revenue bonds by the California Department of Water Resources, and could add to the cost of the bonds' repayment.

The suit had been anticipated, with the possibility of legal action being mentioned in a preliminary prospectus for the offering. It alleges that in the CDWR's deliberations, it held meetings which were not open to the public, and did not obey California law in determining "just and reasonable" revenue requirements. The bonds, to be repaid through a charge on customer bills of the three major investor-owned utilities, are intended to recover funds the agency spent on purchases of power on behalf of the utilities.

Pricing of the bonds depends on the ratings given the various types by the ratings agencies. Today, Standard & Poor's is expected to release ratings, after the PG&E lawsuit prompted it to conduct another review Friday. Fitch Ratings and Moody's Investors Service have signaled they will let their ratings stand. Fitch's vice chairman, Claire Cohen, told the Wall Street Journal, "If the court says something really horrendous, then we'll be reconsidering."

$5 billion worth in variable rate and tax-exempt bonds are being priced starting this week, according to State Treasurer Phil Angelides. An additional $6.95 billion of fixed-rate bonds are to be priced the following week, with the sale ending in another week's time.

Copyright © 2026 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service