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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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NTT DATA Announces 900 MW of Onsite Power Agreement with Bloom Energy Across Multiple Data Center Projects

LCG, November 5, 2026--NTT DATA, an AI, digital business and technology services company, today announced an agreement with Bloom Energy to deploy 900 MW of Bloom Energy's fuel cell technology to power multiple data center projects around the world. The agreement is Bloom Energy's largest international project to date.

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Industry News

Reliant Resources Abandons Gas Trading

LCG, Mar. 10, 2003--Recent volatility in natural gas prices has prompted Reliant Resources to announce today it will no longer be involved in proprietary trading in that market.

The company said that a trading loss of approximately $80 million following the closing of a short position for March deliveries and a long position for April deliveries was a direct cause of its decision. The price of the NYMEX March contract increased by $2.53/mmBtu in February, from its closing price on Friday the 21st to trading on Monday, the 24th.

Reliant Resources has posted an additional $0.1 billion in collateral to maintain liqiduity, in addition to its January total of $0.7 billion from its domestic margin and collateral. Aside from the negative impact of market volatiliy for its trading operations, Reliant has seen revenues earned by coal generating plants it owns rise, due to higher market prices caused by conditions in the natural gas market.
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