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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

New Round of Enron Indictments Handed Down

LCG, May 2, 2003--The government's investigations of Enron executives has led to the indictment of eight people this week, as well as the wife of Andrew Fastow, the former chief financial officer of the corporation.

A Houston criminal defense attorney, Kent Schaffer, told the Houston Chronicle that if those indicted decide to proceed to trial, rather than cooperating as witnesses against others such as former chairman Kenneth Lay and chief executive Jeffrey Skilling, progress would be slowed substantially. Such trials could involve detailed and highly technical testimony that might be difficult for jurors to follow.

On Thursday, seven defendants appeared in court to plead innoncent. Lea Fastow, Andrew Fastow's wife of 18 years, will be tried apart from the executives, and is charged with conspiracy to commit wire fraud, money laundering, and filing false tax returns, in connection with a special purpose entity concerned with wind farms in California.

In the case of one executive who served at Enron Broadband Services, which the government claims misrepresented its prospects for supplying high-bandwidth data services, lawyers for Joseph Hirko said organizers of a class-action lawsuit on behalf of shareholders had decided not to name him in it. His lawyers asserted that he was being indicted because of over-aggressive prosecutors, not actual evidence.
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